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    Business
  3. Study Set
    Entrepreneurship and Small Business Management Study Set 2
  4. Exam
    Exam 12: Understanding and Managing Start-Up, Fixed, and Variable Costs
  5. Question
    If You Sell $2,500 of Product, Pay COGS of $800
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If You Sell $2,500 of Product, Pay COGS of $800

Question 50

Question 50

Multiple Choice

If you sell $2,500 of product, pay COGS of $800 and other variable costs of $450, what is your contribution margin in dollars?


A) $1,700
B) $2,050
C) $1,250
D) $2,450

Correct Answer:

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