Pilkinton Corporation has provided its contribution format income statement for July.The company produces and sells a single product. If the company sells 10,300 units,its total contribution margin should be closest to:

Question

Pilkinton Corporation has provided its contribution format income statement for July.The company produces and sells a single product.  If the company sells 10,300 units,its total contribution margin should be closest to:

Quizplus · Accepted Answer

Current contribution margin F1F1F1S1F1F1F10 Current sales in units = Contribution margin per unit
$376,200 F1F1F1S1F1F1F10 9,900 = $38 contribution margin per unit
If 10,300 units are sold,the total contribution margin will be 10,300 F1F1F1S1F1F1F10 $38,or $391,400.

Pilkinton Corporation Has Provided Its Contribution Format Income Statement for July.The