If Total Variable Costs Are $748,000,what Is the Company's Contribution

question 4

Multiple Choice

If total variable costs are $748,000,what is the company's contribution margin for this year?

• A) $120,000.
• B) $158,000.
• C) $252,000.
• D) $300,000.

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Definitions:

Logical

Pertaining to clear, structured, and reasoned thinking or argumentation.

Essential Information

Essential information refers to the critical and necessary data or facts that are required to understand a topic, make a decision, or complete a task.

Organize

To arrange or put in order; to structure systematically.

Formal Tone

A style of communication that is polite, restrained, and follows conventional standards and practices.