With the following information, answer the following questions.
Revenue for product A - $ 55,000
Revenue for product B - $ 25,000
Revenue for product C - $ 45,000
Cost of sales for the above product lines are 40%, 45%, and 50% of revenue respectively. Fixed costs are estimated at $40,000. The company would like to realize $ 25,000 in profit.
-The contribution margin is ___________________.

Question

With the following information, answer the following questions.
 Revenue for product A - $ 55,000 
Revenue for product B - $ 25,000 
Revenue for product C - $ 45,000 
Cost of sales for the above product lines are 40%, 45%, and 50% of revenue respectively. Fixed costs are estimated at $40,000. The company would like to realize $ 25,000 in profit.
-The contribution margin is ___________________.

Quizplus · Accepted Answer

The Answer of With the following information, answer the following questions.
 Revenue for product A - $ 55,000 
Revenue for product B - $ 25,000 
Revenue for product C - $ 45,000 
Cost of sales for the above product lines are 40%, 45%, and 50% of revenue respectively. Fixed costs are estimated at $40,000. The company would like to realize $ 25,000 in profit.
-The contribution margin is ___________________.

With the Following Information, Answer the Following Questions