If revenue = $120 and variable cost = 35% of revenue, then contribution margin = $78.00. a. True b. False
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- Solve thi question financial accountingIf revenue = $90 and variable cost = 35% of revenue, then contribution margin = $58.50. Options a. True. b. False.Given the mixed cost function y = $6.50x + $3,000. What does the $6.50 represent? a.Total cost per unit of the cost driver b.The fixed cost per unit c.The slope of the cost function d.Total fixed costs
- K In the equation y = $7.20x + $250,250, O A. $250,250 are the total costs. OB. $250,250 are the total fixed costs. OC. $250,250 are the total overhead costs. OD. $250,250 are the total variable costs. 4R (X) = 55x and C (x) = 30x + 250 for total revenue and total cost functions a-) profit function pi (x) for firms and b-) Find the breakeven point.How do you solve for contribution margin? For general accounting question