Question

During March, a firm expects its total sales to be $164,000, its total variable costs to be $95,400, and its total fixed costs to be $25,400. The contribution margin for March is:

Answer 1

$68,600

Step-by-step explanation:

The formula for contribution margin is given as = Total sales revenue - Total variable cost

Given the data below from the above information ;

Total sales = $164,000

Total variable cost = $95,400

Contribution margin = $164,000 - $95,400

= $68,600

There contribution margin is $68,600