Multiple Choice
M Studios retails their own brand of camera that they manufacture in their plant for $500. The plant capacity is 1,000 units per month and variable costs are $225 per camera. Total fixed costs for the year are $2.16 million. Calculate the contribution margin per camera.
A) 275
B) 250
C) 225
D) 300
E) 325
Correct Answer:
Verified
Correct Answer:
Verified
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