Multiple Choice
Tempcon, Inc. sells and installs furnaces for $3,000 per furnace. The following cost formula relates to last year's operations at Tempcon:
Y = $125,000 + $1,800X
If Tempcon sold and installed 500 furnaces last year, what was its total contribution margin last year?
A) $475,000
B) $900,000
C) $1,025,000
D) $600,000
Correct Answer:
Verified
Correct Answer:
Verified
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