The following data relate to Lebeaux Corporation for the year just ended: 
Which of the following statements is correct?
A) Lebeaux 's variable-costing income statement would reveal a gross margin of $270,000.
B) Lebeaux 's variable costing income statement would reveal a contribution margin of $330,000.
C) Lebeaux 's absorption-costing income statement would reveal a contribution margin of $330,000.
D) Lebeaux 's absorption costing income statement would reveal a gross margin of $330,000.
E) Lebeaux 's absorption-costing income statement would reveal a gross margin of $145,000.
Correct Answer:
Verified
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A)$(7,500).
B)$9,000.
C)$15,000.
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E)some other
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