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What total contribution margin should be

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Reference no: EM132856470

Valentine Corporation is company that produces and sells a single product - smartphone apps. It has provided its contribution format income statement for February.

Sales (4,000 units).......... $772,000

Variable expenses........... 501,800

Contribution margin........ 270,200

Fixed expenses.............. 110,200

Net operating income...... $160,000

Problem 1: If Valentine Corporation sells 28,000 units, its total contribution margin should be:

A. $270,200

B. $3,512,600

C. $1,891,400

D. $5,404,000

 

Reference no: EM132856470

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