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MDI Enterprises Prepared the Following Income Statement for June How Much Is MDI's Total Contribution Margin?
A)$120,000
B)$108,000
C)$105,000

Question 119

Multiple Choice

MDI Enterprises prepared the following income statement for June:  Sales revenue (6,000 units ) $150,000 Cost of goods sold:  Fixed costs $18,000 Variable costs 30,00048,000 Gross profit 102,000 Operating expenses:  Fixed costs 27,000 Variable costs 1200039,000 Operating income $63,000\begin{array}{l}\text { Sales revenue }(6,000 \text { units }) &&\$150,000\\\text { Cost of goods sold: }\\\text { Fixed costs } & \$ 18,000 \\\text { Variable costs } & 30,000&48,000\\\text { Gross profit }&&102,000\\\text { Operating expenses: }\\\text { Fixed costs } & 27,000 \\\text { Variable costs } & 12000&39,000\\\text { Operating income }&&\$63,000\end{array} How much is MDI's total contribution margin?


A) $120,000
B) $108,000
C) $105,000
D) $93,000

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