Multiple Choice
Wilkinson Company sells its single product for $30 per unit. The contribution margin ratio is 45% and Wilkinson has fixed costs of $10,000 per month. If 3,000 units are sold in the current month, Wilkinson's income would be:
A) $30,500.
B) $49,500.
C) $40,500.
D) $90,000.
Correct Answer:
Verified
Correct Answer:
Verified
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