10. Concord Corporation reported the following items for 2016: Income tax expense $52000 Contribution margin 130000 Controllable fixed costs 80000 Interest expense 44000 Total operating assets 30000 How much is controllable margin?

$28000

$50000

$130000

$52000

11.

Bramble Corp. uses flexible budgets. At normal capacity of 24000 units, budgeted manufacturing overhead is $192000 variable and $360000 fixed. If Bramble had actual overhead costs of $567000 for 29000 units produced, what is the difference between actual and budgeted costs?

$25000 favorable

$15000 unfavorable

$25000 unfavorable

$40000 favorable

13. Marigold Corp. recorded operating data for its shoe division for the year.

Sales	$700000
Contribution margin	240000
Controllable fixed costs	180000
Average total operating assets	480000

How much is controllable margin for the year?

$60000

50%

34%

$240000

15

For June, Crane Company estimated sales revenue at $400000. It pays sales commissions that are 4% of sales. The sales managers salary is $185000, estimated shipping expenses total 1% of sales, and miscellaneous selling expenses are $5000. How much are budgeted selling expenses for the month of July if sales are expected to be $340000?

$210000

$17000

$22000

$207000