Practice Question 29 Deighan Company had the following amounts from its income statement: Sales revenue...
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Accounting
Practice Question 29 Deighan Company had the following amounts from its income statement: Sales revenue (800 units) $80,000 Cost of goods sold -fixed 20,000 Cost of goods sold -variable 18,500 Selling expenses - fixed 7,000 Selling expenses - variable 6,000 Administrative expenses - fixed 5,000 Administrative expenses - variable 7,500 How much is Deighan's contribution margin? $41,500. $48,000. $61,500. $16,000.
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