The Bluebird Factory reported $1,000,000 in total revenues and $60,000 total variable costs during the previous year. Required: Compute the contribution margin. O a. $920,000 O b. $980,000 O c. $940,000 d. $960,000 e. $900,000

The Bluebird Factory reported $1,000,000 in total revenues and $60,000 total variable costs during the previous year. Required: Compute the contribution margin. O a. $920,000 O b. $980,000 O c. $940,000 d. $960,000 e. $900,000

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

The Bluebird Factory reported $1,000,000 in total revenues and $60,000 total variable costs during the
previous year.
Required: Compute the contribution margin.
O a. $920,000
O b. $980,000
C. $940,000
d. $960,000
e. $900,000

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