Full Serve Company makes and sells power tools.The budgeted sales are $460,000, the budgeted variable costs are $160,000, and the budgeted fixed cost is $240,000.What is the budgeted contribution margin?
A) $190,000
B) $200,000
C) $136,000
D) $300,000
E) $273,000

Question

Quizplus · Accepted Answer

Budgeted contribution margin = Budgeted sales - Budgeted variable costs
Budgeted contribution margin = $460,000- $160,000 = $300,000

Full Serve Company Makes and Sells Power Tools