A company has the following information:

-The total contribution margin under variable costing would be
A) $42,000.
B) $14,000.
C) $66,000.
D) $72,000.

Question

A company has the following information:
 
-The total contribution margin under variable costing would be
A) $42,000. 
B) $14,000. 
C) $66,000. 
D) $72,000.

Quizplus · Accepted Answer

The information provided in the question is not sufficient to calculate the contribution margin using variable costing. The given information is possibly a product or reference code. Without additional information on the company's revenue, variable costs, and fixed costs, we cannot calculate the contribution margin. Therefore, the best answer is to choose the option that does not require additional information- option C.

A Company Has the Following Information