What is contribution margin when 400,000 units are sold? Units 450,000 Sales revenue $2,812,500 Variable manufacturing expense $875,000 Fixed manufacturing expense $266,000 Variable selling and administrative expense $452,500 Fixed selling and administrative expense $232,000 net operating income $987,000 $1,217,000 $2,500,000 $1,320,000 $1,180,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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What is contribution margin when 400,000 units are sold?
Units
450,000
Sales revenue
$2,812,500
Variable manufacturing expense
$875,000
Fixed manufacturing expense
$266,000
Variable selling and administrative expense
$452,500
Fixed selling and administrative expense
$232,000
net operating income
$987,000
O $1,217,000
$2,500,000
$1,320,000
$1,180,000
Transcribed Image Text:What is contribution margin when 400,000 units are sold? Units 450,000 Sales revenue $2,812,500 Variable manufacturing expense $875,000 Fixed manufacturing expense $266,000 Variable selling and administrative expense $452,500 Fixed selling and administrative expense $232,000 net operating income $987,000 O $1,217,000 $2,500,000 $1,320,000 $1,180,000
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