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DESCRIPTION AMOUNT Direct Materials cost per unit $7.00 Direct labor cost per unit $5.00 Variable Manufacturing Overhead Cost Per Unit $2.00 Sales and Marketing
DESCRIPTION AMOUNT Direct Materials cost per unit $7.00 Direct labor cost per unit $5.00 Variable Manufacturing Overhead Cost Per Unit $2.00 Sales and Marketing Costs $100,000 Corporate Headquarters Administrative Staff Salaries $260,000 Factory Rent $50,000 Production supervisors' salary (annual) $90,000 Warehouse staff salaries (annual) $70,000 Maintenance staff salaries $30,000 Sales commission per unit $1.00 Sales commission (annual) $30,000 Factory supervisors' salary (annual) $160,000 Selling Price per unit $50.00 Based on the information presented in the above table: Calculate unit contribution margin Calculate total contribution margin Calculate Net Income for the month ending February 28, 2021 T
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