Evaluate the contribution margin for february

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Q: Monsivais Corporation, a manufacturing company, has provided the following financial data for February:

Sales

$470,000

variable production expense

$81,000

Variable selling expense

$11,000

Variable administrative expense

$40,000

Fixed production expense

$86,000

Fixed selling expense

$73,000

Fixed administrative expense

$139,000

The company had no beginning or ending inventories.

The contribution margin for February was:

a. $338,000

b. $303,000

c. $172,000

d. $40,000

Reference no: EM139592

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