Materials Corporation sold 12,000 units of its product at a price of $67 per unit. Total variable cost per unit is $54.94, consisting of $45.05 in variable production cost and $9.89 in variable selling and administrative cost. Compute the total contribution margin.
What will be an ideal response?
$67.00 - $54.94 = $12.06 × 12,000 units = $144,720
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