Solved

The Following Information Is Provided for Southall Company What Is This Company's Contribution Margin?
A) $30,000
B) $17,500

Question 106

Multiple Choice

The following information is provided for Southall Company:  Sales revenue $125,000 Variable manufacturing costs 42,500 Fixed manufacturing costs 37,500 Variable selling and administrative costs 15,000 Fixed selling and administrative costs 12,500\begin{array}{|l|r|}\hline \text { Sales revenue } & \$ 125,000 \\\hline \text { Variable manufacturing costs } & 42,500 \\\hline \text { Fixed manufacturing costs } & 37,500 \\\hline \text { Variable selling and administrative costs } & 15,000 \\\hline \text { Fixed selling and administrative costs } & 12,500\\\hline\end{array} What is this company's contribution margin?


A) $30,000
B) $17,500
C) $45,000
D) $67,500

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions