Question

For a manufacturing company, selling price for an item is $472.00 per Unit, Variable cost is $235.00 per Unit, rent is $7,880.00 per month and insurance is $3000 per month. What is the contribution margin?

Answer 1

Answer:

$237.00

Explanation:

Contribution margin = Selling Price  - Variable Cost

Contribution margin= $472 - $235

Contribution margin= $237.00