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IIA CIA Exam Part Three: Business Knowledge for Internal Auditing IIA-CIA-Part3-3P Question # 64 Topic 7 Discussion

IIA CIA Exam Part Three: Business Knowledge for Internal Auditing IIA-CIA-Part3-3P Question # 64 Topic 7 Discussion

IIA-CIA-Part3-3P Exam Topic 7 Question 64 Discussion:
Question #: 64
Topic #: 7

An organization is projecting sales of 100,000 units, at a unit price of $12. Unit variable costs are $7. If fixed costs are $350,000, what is the projected total contribution margin?


A.

$350,000


B.

$500,000


C.

$850,000


D.

$1,200,000


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