Keys Spas,Inc Calculate the Contribution Margin for August

question 69

Multiple Choice

Keys Spas,Inc.reports the following information for August: $$\begin{array} { | l | r | } \hline \text { Sales Revenue } & \$ 780,000 \\\hline \text { Variable Costs } & 150,000 \\\hline \text { Fixed Costs } & 80,000 \\\hline\end{array}$$ Calculate the contribution margin for August.

• A)$70,000
• B)$630,000
• C)$550,000
• D)$700,000

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