Question
The budget for a product is as follows. Sales $10,000,000 Materials and manpower 4,000,000 Fixed manufacturing costs 1,500,000 Sales commissions 500,000 Advertising (fixed) 200,000 Other
The budget for a product is as follows.
Sales | $10,000,000 | |
Materials and manpower | 4,000,000 | |
Fixed manufacturing costs | 1,500,000 | |
Sales commissions | 500,000 | |
Advertising (fixed) | 200,000 | |
Other marketing costs (fixed) | 800.000 | |
Assigned administrative costs | 2,000,000 | |
Income | $ 1,000,000 |
What is the budgeted contribution margin for this product?
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Managerial Accounting An Introduction to Concepts Methods and Uses
Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil
10th Edition
1111822239, 324639767, 9781111822231, 978-0324639766
