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Question Completion Status: QUESTION 3 Kemp Clown Company (KCC), a manufacturer of latex theatrical masks, began operations on January 1, 2019. Its cost and sales

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Question Completion Status: QUESTION 3 "Kemp Clown Company (KCC), a manufacturer of latex theatrical masks, began operations on January 1, 2019. Its cost and sales information for this year follows.Assume KCC uses variable costing to prepare its Income Statement. Determine the total contribution margin for the year." Manufacturing costs Direct materials $10 per unit $20 per unit Direct labor Overhead costs Variable $5 per unit $1,000,000 (per year) Fixed Selling and administrative costs for the year $4,350,000 $5,300,000 Variable Fixed Production and sales for the year Units produced Units sold 400,000 units 390,000 units $65 per unit Sales price per unit 10725000 QUESTION A

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