Brees Inc, a Company That Produces and Sells a Single Product

question 51

Multiple Choice

Brees Inc., a company that produces and sells a single product, has provided its contribution format income statement for April. If the company sells 5,800 units, its total contribution margin should be closest to:

• A)$55,800
• B)$52,200
• C)$6,642
• D)$47,000

---

Definitions:

Years

Units of time that represent the period it takes for the Earth to complete one orbit around the Sun, commonly used to measure durations or age.

Annuity

A financial product that pays out a fixed stream of payments to an individual, typically used as part of retirement planning to provide a steady income.

Payments

Transactions or transfers of money in exchange for goods or services, or as fulfillment of obligations.