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Pacific Inc. has provided the following data for the latest quarter of the most recent year: Sales Fixed manufacturing overhead Direct labour Fixed selling expense
Pacific Inc. has provided the following data for the latest quarter of the most recent year: Sales Fixed manufacturing overhead Direct labour Fixed selling expense Variable manufacturing overhead Variable administrative expense Direct materials Fixed administrative expense Variable selling expense $300,000 55,000 72,5001 46,2501 41,000 48,000 51,500 44,500 49,7501 Assume that direct labour is a variable cost and that there was no beginning or ending inventories. The total contribution margin of Pacific for the latest quarter was
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