Multiple Choice
Lindsey Inc. has total sales revenues of $440,000. If its total fixed costs are $70,000 and its total variable costs are $152,000, the contribution margin is
A) $370,000
B) $288,000
C) $592,000
D) $218,000
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q266: Net income reported under absorption costing will
Q267: The cost equation determined by regression analysis
Q268: It costs Homer's Manufacturing $0.85 to produce
Q269: Under absorption costing, variable manufacturing costs are
Q270: Unit variable costs do not change as
Q272: Which method are managers using when they
Q273: Runaround Corporation sells running shoes and during
Q274: Using account analysis, what type of cost
Q275: The equation for a straight line is
Q276: Fixed costs per unit decrease as production