Question
Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 90 Units in
Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
| Selling price | $ | 90 | |
| Units in beginning inventory | 0 | ||
| Units produced | 3,400 | ||
| Units sold | 3,000 | ||
| Units in ending inventory | 400 | ||
| Variable costs per unit: | ||
| Direct materials | $ | 21 |
| Direct labor | $ | 38 |
| Variable manufacturing overhead | $ | 6 |
| Variable selling and administrative expense | $ | 4 |
| Fixed costs: | ||
| Fixed manufacturing overhead | $ | 54,400 |
| Fixed selling and administrative expense | $ | 3,000 |
The total contribution margin for the month under variable costing is:
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HR Self Audits A Strategy For Continuous Improvement
Authors: Wynette Harewood, Marilyn Silverman
1st Edition
B0BQXT8R3P, 979-8843293192
