Answer:
What is total contribution margin = $168,000.00
Explanation:
<em>The contribution margin is the excess of the sales value over the variable cost of sales .</em>
<em>Contribution per unit = selling price - variable cost between </em>
<em>Contribution margin (%) = contribution / sales × 100</em>
For Schister Systems
Increase in sales by 20% will give sales revenue worth
= 120% × 350,000
= 420,000.00
Contribution margin (%)
= (350,000-210,000)/ 350,000 × 100
= 40%
Total contribution = 40% ×420,000.00
= $168,000.00
What is total contribution margin = $168,000.00