The managerial accountant at Right Stripes T- Shirt Company reported the followi

Question

The managerial accountant at Right Stripes T- Shirt Company reported the following information: The Right Stripes T- Shirt Company Contribution Margin Income Statement Sales Revenue 19.5 units Variable Expenses Contribution Margin Fixed Expenses Operating Income $18,525 $9,700 $5,300 $3,525 How many units did Right Stripes T- Shirt Company sell to achieve the above listed revenue? Compute the company's contribution margin. A. 497 units; $8,825 O B. 5 units, $1.91 C. 950 units, $8,825 O D. 1.5 units; $28,225

Explanation / Answer

Units = 18525/19.5= 950 Contribution margin = 18525-9700= 8825 Option C is correct

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