Pluto Company sold 2,000 units in October at a price of $35 per unit. The variable cost is $25 per unit. Calculate the total contribution margin. A. $120,000 B. $20,000 C. $50,000 D. $70,000
Pluto Company sold 2,000 units in October at a price of $35 per unit. The variable cost is $25 per unit. Calculate the total contribution margin. A. $120,000 B. $20,000 C. $50,000 D. $70,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Pluto Company sold 2,000 units in October at a price of $35 per
unit. The variable cost is $25 per unit. Calculate the total
contribution margin.
A. $120,000
B. $20,000
C. $50,000
D. $70,000
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