During March, a firm expects to its total sales to be $162,000, its total variable costs to be $95,200, and its total fixed costs to be $25,200. The contribution margin for March is:

Question

Business

Yadiel Armstrong

4 April, 16:05

During March, a firm expects to its total sales to be $162,000, its total variable costs to be $95,200, and its total fixed costs to be $25,200. The contribution margin for March is:

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Julio Avery · Answer 1

Contribution margin = $66,800

Explanation:

Giving the following information:

During March, a firm expects to its total sales to be $162,000, its total variable costs to be $95,200.

The contribution margin is calculated as follow:

Contribution margin = total sales - total variable cost

Contribution margin = 162,000 - 95,200 = $66,800