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Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 107 Units in
Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
Selling price | $ 107 |
---|---|
Units in beginning inventory | 0 |
Units produced | 4,500 |
Units sold | 4,010 |
Units in ending inventory | 490 |
Variable costs per unit: | |
---|---|
Direct materials | $ 24 |
Direct labor | $ 39 |
Variable manufacturing overhead | $ 6 |
Variable selling and administrative expense | $ 5 |
Fixed costs: | |
Fixed manufacturing overhead | $ 62,000 |
Fixed selling and administrative expense | $ 3,100 |
The total contribution margin for the month under variable costing is:
Multiple Choice
$132,330
$70,330
$67,230
$152,380
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