Solution-What will be the company contribution margin

What will be the company contribution margin

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The following income statement for the Kyles Corporation is provided:

Sales revenue (2,000 * $5) $10,000

Variable COGS (2,000 * $1.25) -$2,500

Fixed COGS -$4,000

Gross Margin $3,500

Depreciation -$1,000

Supplies (2,000 * $0.50) -$1,000

Net Income $1,500

Problem 1: If sales increase to 2,500 units, what will be the company's contribution margin?

Reference no: EM132808800

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What will be the company contribution margin

Reference no: EM132808800

Reference no: EM132808800

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