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THE Company sells a single product for $52 per unit. The costs of producing this product include direct materials and direct labor, both variable costs,
THE Company sells a single product for $52 per unit. The costs of producing this product include direct materials and direct labor, both variable costs, at a total of $21 per unit and an overhead cost, which is a mixed cost. Information about the overhead cost for the past four months appears below: Month January February March April Overhead Cost $76,100 $93,700 $72,100 $88,800 Units Sold 3,200 4,700 2,900 4,100 THE Company expects to sell 4,380 units in May. Using the high-low method, calculate THE Company's expected contribution margin for May. O $83,220 O $79,680 $96,370 $81,910 O $77,160 $93,840 $88,750 none of the above choices are correct THE Company sells a single product for $52 per unit. The costs of producing this product include direct materials and direct labor, both variable costs, at a total of $21 per unit and an overhead cost, which is a mixed cost. Information about the overhead cost for the past four months appears below: Month January February March April Overhead Cost $76,100 $93,700 $72,100 $88,800 Units Sold 3,200 4,700 2,900 4,100 THE Company expects to sell 4,380 units in May. Using the high-low method, calculate THE Company's expected net income for May. O $49,860 O $31,430 $53,710 O $41,200 O $56,350 O $45,920 O $36,980 none of the above choices are correct
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