Question
The following information is available for Company P: Selling Price$530/unitDirect Material$120/unitVariable Selling & Admin.$20/unitUnits Produced600Direct Labor$60/unitFixed Overhead$24,000Units Sold540Variable Overhead$100/unitFixed Selling & Admin.$13,200 What is Company
The following information is available for Company P:
Selling Price$530/unitDirect Material$120/unitVariable Selling & Admin.$20/unitUnits Produced600Direct Labor$60/unitFixed Overhead$24,000Units Sold540Variable Overhead$100/unitFixed Selling & Admin.$13,200
What is Company P's ContributionMargin using VariableCosting?
- A.$166,200
- B.$189,000
- C.$124,200
- D.$210,000
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Financial Accounting
Authors: Robert Libby, Patricia Libby, Frank Hodge
10th edition
1259964949, 1259964947, 978-1259964947
