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Cheboygan Company has the following unit costs: Variable manufacturing overhead $ 30 Direct materials 25 Direct labor 24 Fixed manufacturing overhead 17 Variable marketing and
Cheboygan Company has the following unit costs:
Variable manufacturing overhead | $ | 30 |
Direct materials | 25 | |
Direct labor | 24 | |
Fixed manufacturing overhead | 17 | |
Variable marketing and administrative | 12 |
Cheboygan produced and sold 9,000 units. If the product sells for $150, what is the gross margin? |
$639,000 | |
$531,000 | |
$486,000 | |
$378,000 |
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