Moonwalker's CVP Income Statement Included Sales of 5,000 Units, a Selling

question 99

Multiple Choice

Moonwalker's CVP income statement included sales of 5,000 units, a selling price of $100, variable expenses of $60 per unit, and fixed expenses of $110,000. Contribution margin is

• A) $500,000.
• B) $300,000.
• C) $200,000.
• D) $90,000.

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