Question
Iacob Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The
Iacob Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $103.40 per unit.
| Sales volume (units) | 5,000 | 6,000 |
|---|---|---|
| Cost of sales | $ 315,500 | $ 378,600 |
| Selling and administrative costs | $ 162,500 | $ 177,600 |
The best estimate of the total contribution margin when 5,300 units are sold is:
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Managerial Accounting And Analysis In Multinational Enterprises
Authors: H. Peter Holzer, Hanns Martin W. Schoenfeld
1st Edition
0899250874, 978-0899250878
