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4 October, 20:30

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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  1. 4 October, 22:40
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    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
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