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Antonio's Flowers sells bouquets for $65 each
Antonio's Flowers sells bouquets for $65 each. The variable costs for each kit are $45. The total contribution margin for 30 kits is
A) $1,950.
B) $3,300.
C) $600.
D) $1,350.
Expert Solution
Answer: C
Explanation: C)
Sales $65
Less Variable costs 45
= Contribution Margin 20 × 30 = $600
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