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Ladanza 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 $134.00 per unit.
Sales volume (units) 14,100 15,460
Cost of sales $1,085,700 $1,190,420
Selling and administrative costs $625,000 $650,840
The best estimate of the total contribution margin when 15,160 units are sold is:
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awford and Delgado have decided to form a partnership. They have agreed that Lawford is to invest $90,000 and that Delgado is to invest $30,000. Lawford is to devote one-half time to the business and Delgado is to devote full time.
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