1.

2.

3.

A merchandiser plans to sell 12,100 units next month at a selling price of $110 per unit. It also gathered the following cost estimates for next month: Cost Cost of goods sold Advertising expense Depreciation expense Shipping expense Administrative salaries Sales commissions Insurance expense Cost Formula $ 60 per unit sold $ 150,000 per month $ 70,000 per month $ 100,000 per month + $10 per unit sold $ 50,000 per month 5% of sales $ 15,000 per month What is the estimated total contribution margin for next month? Multiple Choice $605,000 $417,450 $317,450 $455.000 Assume the following Information: $ 70,000 $ 45,000 $ 14,000 25,000 $ 39,000 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing overhead Variable selling expense Fixed selling expense Total selling expense Variable administrative expense Fixed administrative expense Total administrative expense $ 15,000 20,000 $ 35,000 $ 8,000 12,000 $ 20,000 What is the total product cost? Multiple Choice $115.000 $154,000 $129,000 $189.000 Which of the following is not a product cost? Multiple Choice Sales commissions Variable manufacturing overhead Direct labor O Direct materials