At a Volume of 50,000 Units, MGMT Incorporated Reported Sales

question 45

Multiple Choice

At a volume of 50,000 units, MGMT Incorporated reported sales revenues of $2,050,000, variable costs of $550,000, and fixed costs of $360,000. The company's contribution margin per unit is:

• A)$7.20.
• B)$11.00.
• C)$18.20.
• D)$22.80.
• E)$30.00.

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Definitions:

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