Question
Assume the following information for a product line: Sales revenue $1,100,000 Variable manufacturing costs 200,000 Fixed manufacturing costs 150,000 Variable selling/administrative costs 120,000 Fixed selling/administrative
Assume the following information for a product line:
| Sales revenue | $1,100,000 |
| Variable manufacturing costs | 200,000 |
| Fixed manufacturing costs | 150,000 |
| Variable selling/administrative costs | 120,000 |
| Fixed selling/administrative costs | 100,000 |
What is the product line's contribution margin?
|
$780,000 | ||
|
$900,000 | ||
|
$650,000 | ||
|
$530,000 |
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Financial Accounting A Practical Version
Authors: Abanis Turyahebwa ,Kasozi Geoffrey
1st Edition
6205489481, 978-6205489482
