A business operated at 100% of capacity during its first month and incurred the following costs: If 1,000 units remain unsold at the end of the month and sales total $150,000 for the month, what is the amount of the contribution margin that would be reported on the variable costing income statement?
A) $51,400
B) $52,000
C) $54,000
D) $53,000

Question

A business operated at 100% of capacity during its first month and incurred the following costs:  If 1,000 units remain unsold at the end of the month and sales total $150,000 for the month, what is the amount of the contribution margin that would be reported on the variable costing income statement?
A) $51,400 
B) $52,000 
C) $54,000 
D) $53,000

Quizplus · Accepted Answer

The Answer of A business operated at 100% of capacity during its first month and incurred the following costs:  If 1,000 units remain unsold at the end of the month and sales total $150,000 for the month, what is the amount of the contribution margin that would be reported on the variable costing income statement?
A) $51,400 
B) $52,000 
C) $54,000 
D) $53,000

A Business Operated at 100% of Capacity During Its First