Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 20 Company XYZ made total sales revenue of $450,000. The variable manufacturing costs were $125,000 while the fixed manufacturing costs were $20,000. The variable

image text in transcribed
Question 20 Company XYZ made total sales revenue of $450,000. The variable manufacturing costs were $125,000 while the fixed manufacturing costs were $20,000. The variable selling and administrative expenses were $50,000 while the fixed selling and administrative expenses were $10,000. How much was the total contribution margin ($)? Not yet answered Marked out of 0.80 Flag question a. 305,000 O b. None of the given answers C. 390,000 d. 325,000 e 275,000

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

Students also viewed these Accounting questions

Question

1. Describe the factors that lead to productive conflict

Answered: 1 week ago