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What is the total contribution margin

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Problem - Mct Company's total sales are $150,000. The company's direct material cost is $25,000. Its direct labor cost is $34,000. Its total manufacturing overhead costs consists of $15,000 variable costs and $30,000 fixed costs. Its total selling and administrative expense consists of $6,000 variable costs and 17,000 fixed costs. What is the total contribution margin?

a. $129,000

b. $70,000

c. $76,000

d. None of the answers given

e. $46,000

f. $80,000

Reference no: EM132692138

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