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Homework answers / question archive / The following selected data relates to Ivory Corporation:   Total fixed costs $25,000 Selling price per unit $22 Variable costs per unit $15   Assuming 8,500 units are sold, what is the contribution margin? A) $314,500 B) $84,500 C) $59,500 D) $34,500

The following selected data relates to Ivory Corporation:   Total fixed costs $25,000 Selling price per unit $22 Variable costs per unit $15   Assuming 8,500 units are sold, what is the contribution margin? A) $314,500 B) $84,500 C) $59,500 D) $34,500

Accounting

The following selected data relates to Ivory Corporation:

 

Total fixed costs

$25,000

Selling price per unit

$22

Variable costs per unit

$15

 

Assuming 8,500 units are sold, what is the contribution margin?

A) $314,500

B) $84,500

C) $59,500

D) $34,500

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