Dartmount Corporation has provided its contribution format income statement for June. The company produces and sells a single product.
$$\begin{array} { l r }
\text { Sales (2,900 units) } & \$ 269,700 \
\text { Variable costs } & 107,300 \
\text { Contribution margin } & 162,400 \
\text { Fixed costs } & 137,100 \
\text { Operating profit } & \$ 25,300
\end{array}$$
If the company sells 3,100 units, its total contribution margin should be closest to:
A) $27,045.
B) $181,000.
C) $162,400.
D) $173,600.

Question

Dartmount Corporation has provided its contribution format income statement for June. The company produces and sells a single product.
$$\begin{array} { l r } 
\text { Sales (2,900 units) } & \$ 269,700 \
\text { Variable costs } & 107,300 \
\text { Contribution margin } & 162,400 \
\text { Fixed costs } & 137,100 \
\text { Operating profit } & \$ 25,300
\end{array}$$
If the company sells 3,100 units, its total contribution margin should be closest to:
A) $27,045.
B) $181,000.
C) $162,400.
D) $173,600.

Quizplus · Accepted Answer

The Answer of Dartmount Corporation has provided its contribution format income statement for June. The company produces and sells a single product.
$$\begin{array} { l r } 
\text { Sales (2,900 units) } & \$ 269,700 \
\text { Variable costs } & 107,300 \
\text { Contribution margin } & 162,400 \
\text { Fixed costs } & 137,100 \
\text { Operating profit } & \$ 25,300
\end{array}$$
If the company sells 3,100 units, its total contribution margin should be closest to:
A) $27,045.
B) $181,000.
C) $162,400.
D) $173,600.

Dartmount Corporation Has Provided Its Contribution Format Income Statement for June