Deighan Company had the following amounts from its income statement:
Sales revenue (800 units) $80,000
Cost of goods sold -fixed 20,000
Cost of goods sold -variable 18,500
Selling expenses - fixed 7,000
Selling expenses - variable 6,000
Administrative expenses - fixed 5,000
Administrative expenses - variable 7,500
How much is Deighan's contribution margin?
A. $16,000.
B. $41,500.
C. $48,000.
D. $61,500.
Answer: C
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.