Use the information below to answer the following question(s).
Anthony Office Supplies sells refills on printer ink cartridges for $16 per refill. Variable costs are $4 per refill. Fixed costs are $2,000 per month.
-What is the contribution margin per refill at Anthony Office Supplies?

Question

Quizplus · Accepted Answer

The contribution margin per refill is the selling price per refill minus the variable cost per refill. In this case, it is $16 - $4 = $12. Therefore, the best choice would be C, which is the only option that correctly identifies the contribution margin per refill.

Use the Information Below to Answer the Following Question(s)