Multiple Choice
Answer the following questions using the information below:
Shaghai Tea Products has an exclusive contract with British Distributors. Calamine and Shanghai are two brands of teas that are imported and sold to retail outlets. The following information is provided for the month of March:
Budgeted and actual fixed corporate-sustaining costs are $1,750 and $2,000, respectively.
-What is the contribution margin for the flexible budget?
A) $7,500
B) $8,800
C) $8,500
D) $6,900
Correct Answer:
Verified
Correct Answer:
Verified
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