Problem - XYZ Company reported the following information:
April May
Cost A $18,000 $0.34 per unit
Cost B $20,500 $28,700
Cost C $17,500 $0.25 per unit
Units sold 50,000 units 70,000 units
Assume XYZ Company expects to sell 64,000 units in June at a selling price of $1.60 per unit.
Calculate the amount of contribution margin XYZ Company would expect to earn in June. Do not use decimals in your answer.