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A company has the following information: Selling price $60 per unit Variable manufacturing costs 45% of sales Variable selling and administrative expense $13 per unit
A company has the following information:
Selling price | $60 per unit |
Variable manufacturing costs | 45% of sales |
Variable selling and administrative expense | $13 per unit |
Fixed selling and administrative expense | $40,000 |
Fixed manufacturing overhead | $55,000 |
Compute contribution margin when 10,000 units are produced and sold
Select one:
a. $105,000
b. $330,000
c. $275,000
d. $200,000
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