Question
SALES 700,000 Cost of Sales Materials 250,000 Labor 80,000 Variable Factory Overhead 30,000 Fixed Factory Overhead 20,000 Gross Profit 320,000 Less: Operating Expenses Delivery Expenses
SALES
700,000
Cost of Sales
Materials
250,000
Labor
80,000
Variable Factory Overhead
30,000
Fixed Factory Overhead
20,000
Gross Profit
320,000
Less: Operating Expenses
Delivery Expenses
60,000
Marketing
36,000
General and Administrative
24,000
Profit before tax
200,000
Compute for the Total Variable Cost
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Accounting Volume 2
Authors: James Reeve, Jonathan Duchac, Sheila Elworthy, Carl S. Warren
2nd Canadian edition
176501452, 978-0176501457, 978-0176509743
