The following selected data relates to Ivory Corporation:
If sales revenue per unit increases to $27 and 8,500 units are sold,what is the contribution margin?
A) $357,000
B) $77,000
C) $59,500
D) $102,000
Correct Answer:
Verified
Q4: Total contribution margin less total fixed expenses
Q10: CVP stands for Company-Volume-Profit.
Q12: _ should be subtracted from the sales
Q14: The unit contribution margin is computed by
A)subtracting
Q16: The contribution margin per unit is how
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