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Frederick Company Selected Financial Figures For the Year Ended 12/31/18 Sales (100 units) $10,000 Variable Costs: $1,400 1,050 2,000 600 500 Direct Labor Direct Materials
Frederick Company Selected Financial Figures For the Year Ended 12/31/18 Sales (100 units) $10,000 Variable Costs: $1,400 1,050 2,000 600 500 Direct Labor Direct Materials Factory Overhead (variable) Selling Expenses (variable) Administrative Expenses (variable) Fixed Costs: Factory Overhead (fixed) $800 Selling Expenses (fixed) 1,000 Administrative Expenses (fixed) 1,000 Frederick Company utilizes a JIT production system and there are no Raw Materials, Work-in- Process or Finished Goods inventories. Use this information to determine FY 2018 Contribution Margin Percentage. Enter percentage to one decimal place. (example enter 35.5% as 35.5) Your
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