Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Company XYZ made total sales revenue of $200,000. The variable manufacturing costs were $75,000 while the fixed manufacturing costs were $20,000. The variable selling and

image text in transcribed
Company XYZ made total sales revenue of $200,000. The variable manufacturing costs were $75,000 while the fixed manufacturing costs were $20,000. The variable selling and administrative expenses were $45,000 while the fixed selling and administrative expenses were $10,000. How much was the total contribution margin ($)? a. None of the given answers Ob. 145,000 Oc. 80,000 O d. 125,000 O e. 105,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Detecting Accounting Fraud Analysis And Ethics

Authors: Cecil Jackson

1st Edition

0133078604, 9780133078602

More Books

Students also viewed these Accounting questions