The following information for the past year for the Blaine Corporation has been provided:
During the year, the company produced and sold 60,000 units of product at a selling price of $10.92 per unit. There was no beginning inventory of product at the beginning of the year.
What is the contribution margin for the year?
A) $278,200
B) $655,200
C) $463,200
D) $470,200
Correct Answer:
Verified
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