Compute the Contribution Margin for the Video Department,when Gross Profit

question 5

Multiple Choice

Compute the contribution margin for the video department,when gross profit is $880,000,direct expenses $370,000,and indirect expenses are $190,000.

• A)$320,000
• B)$690,000
• C)$510,000
• D)$700,000

---

Definitions:

Bureau of Labor Statistics

A U.S. government agency responsible for collecting, analyzing, and disseminating essential economic information related to labor market activity, working conditions, and price changes.

Unemployed Category

A classification for individuals who are without jobs and actively seeking work within the labor market.

Unpaid Workers

Individuals who contribute labor without receiving monetary compensation, often found in family businesses or volunteer services.

Unemployed Category

A classification for individuals who are capable of working but are not currently employed and are actively seeking employment.