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What the company currently earns a total contribution margin

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Reference no: EM133004068

Problem 1: Mendicino Company currently produces and sells 20,000 units of product at a selling price of $10. The product has variable costs of $4 per unit and fixed costs of $50,000. The company currently earns a total contribution margin of

a. $ 50,000
b. $ 70,000
c. $120,000
d. $200,000

Reference no: EM133004068

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