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Management · Q230

Management Accounting

Graduate and Post Graduate · Management · question 230

Q230

If contribution margin is 13000, total variable cost is 7000 then total revenue will be

A.
$6,000
B.
-$6000
C.
$20,000
Answer
D.
-$20000

Answer: Option C

Solution

Answer: Option C
Solution:
Total revenue = Contribution margin + Total variable cost
= 7000 = $20,000.
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