Question

MC Qu. 77 During March, a firm expects its total... During March, a firm expects its total sales to be $151,000, its total variable costs to be $94,100, and its total fixed costs to be $24,100. The contribution margin for March is:

Answer 1

$56,900

Step-by-step explanation:

Contribution margin is used to determine the profitability of a product. it is price less variable cost

Contribution margin = total sales - variable costs

151,000 - 94100 = 56900