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Assume the following information for a company that produced 10,000 units and sold 9,000 units during its first year of operations: Per Unit Per Year
Assume the following information for a company that produced 10,000 units and sold 9,000 units during its first year of operations:
Per Unit | Per Year | |
---|---|---|
Selling price | $ 200 | |
Direct materials | $ 83 | |
Direct labor | $ 50 | |
Variable manufacturing overhead | $ 11 | |
Sales commission | $ 8 | |
Fixed manufacturing overhead | $ 300,000 |
Using variable costing, what is the companys contribution margin?
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