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What is the contribution margin if the selling price is $200, variable costs are $120, and fixed costs are $50?

Practice Questions

1 question
Q1
What is the contribution margin if the selling price is $200, variable costs are $120, and fixed costs are $50?
  1. $80
  2. $120
  3. $50
  4. $200

Questions & Step-by-step Solutions

1 item
Q
Q: What is the contribution margin if the selling price is $200, variable costs are $120, and fixed costs are $50?
Solution: Contribution Margin = Selling Price - Variable Costs = $200 - $120 = $80.
Steps: 5

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