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Iacob Corporation is a wholesaler that sells a single product. Management has provided the following cost...

Iacob Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $185.00 per unit.

Sales volume (units) 6,900 8,120
Cost of sales $ 545,100 $ 641,480
Selling and administrative costs $ 672,000 $ 704,940

The best estimate of the total contribution margin when 7,590 units are sold is:

Multiple Choice

  • $269,570

  • $177,870

  • $599,610

  • $713,640

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$599,610

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