Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Mct Company's total sales are $190,000. The company's direct material cost is $25,000. Its direct labor cost is $34,000. Its total manufacturing overhead costs consists

image text in transcribed

Mct Company's total sales are $190,000. The company's direct material cost is $25,000. Its direct labor cost is $34,000. Its total manufacturing overhead costs consists of $15,000 variable costs and $30,000 fixed costs. Its total selling and administrative expense consists of $6,000 variable costs and 17,000 fixed costs. What is the total contribution margin? Select one: O a. None of the answers given O b. $116,000 O c. $86,000 O d. $120,000 O e. $169,000 O f. $110,000 A company produces washers and dryers in an assembly-line process. Labor costs incurred during a recent period were: corporate executives, $500,000; assembly-line workers, $179,000, security guards, $45,000; and plant supervisor, $110,000. The total of company's direct labor cost was: Select one: O a. $173,000 O b. $179,000 O c $289,000 O d. $834,000 e. $724,000

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

Video Basics

Authors: Herbert Zettl

6th Edition

0495569437, 9780495569435

More Books

Students also viewed these Accounting questions

Question

Explain the process of MBO

Answered: 1 week ago