The Following Data Relate to Lebeaux Corporation for the Year

question 36

Multiple Choice

The following data relate to Lebeaux Corporation for the year just ended:


Which of the following statements is correct?

• A) Lebeaux's variable-costing income statement would show a gross margin of $270,000.
• B) Lebeaux's variable costing income statement would show a contribution margin of $330,000.
• C) Lebeaux's absorption-costing income statement would show a contribution margin of $330,000.
• D) Lebeaux's absorption costing income statement would show a gross margin of $330,000.
• E) Lebeaux's absorption-costing income statement would show a gross margin of $145,000.

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