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Sales commissions would be classified as a: manufacturing overhead cost selling cost direct labor cost direct materials cost Tulip Inc reported the following data for
Sales commissions would be classified as a: manufacturing overhead cost selling cost direct labor cost direct materials cost Tulip Inc reported the following data for the month of March: Description Direct materials Direct labor Manufacturing overhead Selling expense Administrative expense Amount $12,600 $3,100 $8,000 $6,200 $1,300 The conversion cost for March was: A. $11,100 B. $15,700 c. $23,700 D. $7,500 Daisy Inc reported the following data for the month of March: Description Direct materials Direct labor Manufacturing overhead Selling expense Administrative expense Amount $14,500 $4,200 $9,100 $7,300 $2,400 The period cost for March was: A. $18,700 B. $13,300 c. $27,800 D. $9,700 Sunny Corporation reported the following results for December: Description Amount Number of units sold 800 units Selling price per unit $500 per unit Cost of goods sold per unit (all variable) $250 per unit Variable selling expense per unit $45 per unit Fixed selling expense $22,100 Variable administrative expense per unit $32 per unit Fixed administrative expense $15,400 The gross margin for December is: A. $138,400 B. $200,000 C. $338,400 D. $162,500 Sunny Corporation reported the following results for December: Description Number of units sold Selling price per unit Cost of goods sold per unit (all variable) Variable selling expense per unit Fixed selling expense Variable administrative expense per unit Fixed administrative expense Amount 800 units $500 per unit $250 per unit $45 per unit $22,100 $32 per unit $15,400 The contribution margin for December is: A. $138,400 B. $200,000 C. $338,400 D. 5162,500
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