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If a company has a contribution margin of $15 per unit and sells 2,000 units, what is the total contribution?

Practice Questions

1 question
Q1
If a company has a contribution margin of $15 per unit and sells 2,000 units, what is the total contribution?
  1. $30,000
  2. $15,000
  3. $45,000
  4. $60,000

Questions & Step-by-step Solutions

1 item
Q
Q: If a company has a contribution margin of $15 per unit and sells 2,000 units, what is the total contribution?
Solution: Total contribution = Contribution Margin * Quantity = $15 * 2,000 = $30,000.
Steps: 5

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