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A company has the following YTD cost information: 15 25 Units produced 50,000 Units sold 30,000 Selling Price per unit 65 DM/unit DL/unit Variable Overhead
A company has the following YTD cost information: 15 25 Units produced 50,000 Units sold 30,000 Selling Price per unit 65 DM/unit DL/unit Variable Overhead Total 250,000 Variable Selling & Administrative costs 65,000 Fixed Overhead Total 300,000 Fixed Selling & administrative costs 90,000 Answer the questions using whole numbers ONLY (no decimals) and use comma separators where necessary. 1. What are the total variable costs? 250,000 A 2. What are the total fixed costs? 300,000 A, 3. What is the contribution margin? 1.700.000 A 4. What is the Net Income or Net Loss? 1,245,000 Next Page Page 1 of 7
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