Find what is the total contribution margin

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Problem 1: A firm expects to sell 24,900 units of its product at $10.90 per unit and to incur variable costs per unit of $5.90. Total fixed costs are $69,000. The total contribution margin is:

Multiple Choice

Option 1: $55,500.
Option 2: $69,000.
Option 3: $124,500.
Option 4: $146,910.
Option 5: $215,910.

Reference no: EM132979206

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