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QUESTIONS The following information for the month of October is available for Shiney Manufacturing company Direct labor (Variable costs per unit) AED 25.50 Direct materials

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QUESTIONS The following information for the month of October is available for Shiney Manufacturing company Direct labor (Variable costs per unit) AED 25.50 Direct materials (variable cost per unit) 80.75 Manufacturing overhead (variable cost per unit) 12.25 Manufacturing overhead (fixed cost in total) 100,000 Marketing & Administrative costs (variable cost per unit) 9.20 Marketing & Administrative costs (fixed cost in total) 130,000 Selling price (per unit) 150.00 Required. Assuming the company produced and sold 10,000 urats, and there were no units in inventory on July 1. prepare the Contribution margin income statement for October, 2017

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