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No workings, just quick answers A) B) C) if sales are 20% higher than budget, whats operating income? Direct materials cost $44,000 Direct labour cost
No workings, just quick answers
Direct materials cost $44,000 Direct labour cost $66.000 Manufacturing overhead $132,400 Selling expenses $24,200 Administrative expenses $26,200 During the year, the company produced and sold 2,400 units at a selling price of $121 each. Assume that the company did not have any beginning or ending inventory for the year. What would be the company's product cost per unit? Sales revenue $25,200 Finished goods inventory $1,520 October 1st Finished goods inventory, $3,030 October 31st Gross margin $4,060 Administrative expenses $1,000 Operating income $3,060 What was the company's cost of goods manufactured for October? Sales Less: Variable costs Contribution margin Less: Fixed costs Operating income $550,000 340,000 210.000 140,000 $70,000 A)
B)
C) if sales are 20% higher than budget, whats operating income?
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