Martin company currently produces and sells 40000 units of product at a selling price of...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Martin company currently produces and sells 40000 units of product at a selling price of $12 the product has a variable cost of $6 per unit and the fixed cost of 150000 the company currently earns a total contribution margin of
contribution margin =(sales -variable cost) $12-$6=$640,000 units =$240,000
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
