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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 $ 102 Units in
Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
| Selling price | $ | 102 | |
| Units in beginning inventory | 0 | ||
| Units produced | 4,200 | ||
| Units sold | 3,570 | ||
| Units in ending inventory | 630 | ||
| Variable costs per unit: | ||
| Direct materials | $ | 19 |
| Direct labor | $ | 41 |
| Variable manufacturing overhead | $ | 7 |
| Variable selling and administrative expense | $ | 4 |
| Fixed costs: | ||
| Fixed manufacturing overhead | $ | 51,100 |
| Fixed selling and administrative expense | $ | 3,100 |
The total contribution margin for the month under variable costing is:
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