A Proposed 12-Month Project Has Fixed Costs of $3,600,depreciation Expense

question 7

Multiple Choice

A proposed 12-month project has fixed costs of $3,600,depreciation expense of $1,500,and a sales quantity of 1,300 units.What is the contribution margin if the projected level of sales is the accounting break-even point?

• A)$3.92
• B)$4.14
• C)$4.50
• D)$4.80
• E)$5.00

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