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Homework answers / question archive / The following information for the past year for the Blaine Corporation has been provided:   Fixed costs:   Manufacturing $125,000 Marketing 23,000 Administrative 21,000 Variable costs:   Manufacturing $115,000 Marketing 30,000 Administrative 43,000   During the year, the company produced and sold 30,000 units of product at a selling price of $15

The following information for the past year for the Blaine Corporation has been provided:   Fixed costs:   Manufacturing $125,000 Marketing 23,000 Administrative 21,000 Variable costs:   Manufacturing $115,000 Marketing 30,000 Administrative 43,000   During the year, the company produced and sold 30,000 units of product at a selling price of $15

Accounting

The following information for the past year for the Blaine Corporation has been provided:

 

Fixed costs:

 

Manufacturing

$125,000

Marketing

23,000

Administrative

21,000

Variable costs:

 

Manufacturing

$115,000

Marketing

30,000

Administrative

43,000

 

During the year, the company produced and sold 30,000 units of product at a selling price of $15.00 per unit. There was no beginning inventory of product at the beginning of the year.

 

What is the contribution margin for the year?

A) $93,000

B) $450,000

C) $262,000

D) $281,000

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