Answer:
$67860
Explanation:
sell price of each toaster= $24.45
variable cost per unit= $16.65
total fixed cost= $25,700
number of unit sold x= 8700
the formula for contribution margin is
= sales price- variable cost
= (s-v)x
putting values we get
= [tex](24.45-16.65)\times8700[/tex]
= $67860
Hence the contribution margin the above case will be $67860