Multiple Choice
Gao Corp. produced 2,000,000 units this year, at a variable cost of $3 per unit. Its fixed costs are $1,200,000 per year. It sold all 2,000,000 units produced at $5 per unit. Its total contribution margin for the year was
A) Zero
B) 2400000
C) 2800000
D) 4000000
Correct Answer:
Verified
Correct Answer:
Verified
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