Problem 6-2A Lorge Corporation has collected the following information after its first year of sales. Sales were $2,250,000 on 90,000 direct labor $250,000; administrative expen $378,000 (70% plans for the coming year. It has projected that unit-sales will increase by 10% next year. units; selling expenses $250,000 (40% variable and 60% fixed); direct materials $1,131,400; ses $270,000 (20% variable and 80% fixed); and manufacturing overhead variable and 30% fixed). Top management has asked you to do a CVP analysis so that it can make Your answer is partially correct. Try again. Compute (1) the contribution margin for the current year and the projected year, and (2) the fixed costs for the current year. (Assume that fixed costs will remain the same in the projected year.) -604000 $ (1) Contribution margin for current year Contribution margin for projected year 664400 479400 (2) Fixed costs for current year LINK TO TEXT Xl Your answer is incorrect. Try again. 11:53 PM 0/12/2017 Type here to search