Little Tykes Day Care desires net income of 84000 It has 280

Little Tykes Day Care desires net income of $84,000. It has $28,000 of fixed costs and variable costs of 60% of sales. How much is contribution margin?

A) $280,000 B) $112,000 C) $186,667 D) $75,000

Desires Net Income

84000

(+) Fixed cost

28000

Contribution Margin

112000

Option B is correct

Desires Net Income	84000
(+) Fixed cost	28000
Contribution Margin	112000

Little Tykes Day Care desires net income of $84,000. It has $28,000 of fixed costs and variable costs of 60% of sales. How much is contribution margin? A) $280,

Little Tykes Day Care desires net income of 84000 It has 280

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