Question
The following information has been provided for the past year for the Blaine Corporation: Fixed Costs: Manufacturing $125,000 Marketing 23,000 Administrative 21,000 Variable Costs: Manufacturing
- The following information has been provided for the past year for the Blaine Corporation:
- Fixed Costs:
- Manufacturing $125,000
- Marketing 23,000
- Administrative 21,000
- Variable Costs:
- Manufacturing $115,000
- Marketing 30,000
- Administrative 43,000
- During the year, the company produced and sold 30,000 units of the product at a selling price of $15.00 per unit. There was no beginning inventory of product at the beginning of the year.
- What is the contribution margin for the year?
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Management Accounting
Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu
6th Canadian edition
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