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Company had the following data: Planned and actual production 40,000 units Sales: 37,000 units at $15 per unit Production costs: Variable $4 per unit Fixed
Company had the following data: Planned and actual production 40,000 units Sales: 37,000 units at $15 per unit Production costs: Variable $4 per unit Fixed $260,000 Selling and admin costs: Var $1.00 per unit Fixed: $32,000 The contribution margin that the company would disclose on an absorption-costing income statement: a. 0 b. $147,000 c. $166,500 d. 370,000 e. other amount
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Introduction to Management Accounting
Authors: Charles Horngren, Gary Sundem, Jeff Schatzberg, Dave Burgsta
16th edition
978-0133058819, 9780133059748, 133058816, 133058786, 013305974X , 978-0133058789
