What is Red and White's contribution margin for this month if 980 units were sold?
Red and White Company reported the following monthly data:
A) $38,000
B) $18,620
C) $24,500
D) $50,000
E) $21,560
B) $18,620
Explanation: ($25 - $1 - $2 - $3) = $19 × 980 units = $18,620
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