a . $ 43,560
b . $ 74,760
c . $ 31,200
d . $ 37,440
10 . ________ is the excess of sales over the cost of goods sold .
a . Contribution margin b . Gross margin c . Contribution−margin ratio d .
Variable−cost ratio
11 . Simon Inc . currently produces 110,000 units at a cost of $ 440,000 . The cost is variable . Next year Simon Inc . expects to produce 115,000 units . Simon ' s relevant range for production is 100,000 to 120,000 units . If 115,000 units are produced next year , what is the expected variable cost ?
a . $ 420,000
b . $ 430,000
c . $ 440,000
d . $ 460,000