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Required information [The following information applies to the questions displayed below] Barnes Company reports the following for its product for its first year of operations. Direct materials Direct labor $ 35 per unit Variable overhead $ 25 per unit $10 per unit Fixed overhead 5 48,000 per year Variable selling and administrative expenses $3 per unit Fixed selling and administrative expenses $ 20,000 per year The company sells its product for $150 per unit. Compute contribution margin using variable costing assuming the company (a produces and sells 2,000 units and (b) produces 2,400 units and sells 2,000 units. Answer is not complete. (b) 2,400 Units Produced and 2,000 Units Sold (a) 2,000 Units Produced and 2,000 Units Sold Contribution margin using variable costing 300,000 300,000 Sales Variable expenses Variable cost of goods sold 6,000 Variable selling and administrative expenses Contribution margin $ Return to question Required Information [The following information applies to the questions displayed below] Barnes Company reports the following for its product for its first year of operations Direct materials Direct labor Variable overhead $32 per unit $22 per unit $ 12 per unit Fixed overhead Variable selling and administrative expenses $ 60,000 per year. $2 per unit Fixed selling and administrative expenses $ 24,000 per year. The company sells its product for $150 per unit. Compute contribution margin using variable costing assuming the company ( produces and sells 2,400 units and (b) produces 3,000 units and sells 2,400 units. Answer is not complete. Contribution margin using variable costing (A) 2,400 Units Produced and 2,400 Units Bold (5) 3,000 Units Produced and 2,400 Units Sol 300,000 360.000 $ Sales Variable expenses Variable cost of goods sold (4,800) (4.800) Variable selling and administrative expenses 190,800 196,800 $ Contribution margin O S s