Question
The following standard cost statement relates to a product which sells for $200 each. The company budgets to produce and sell 4,000 units. Cost per
The following standard cost statement relates to a product which sells for $200 each. The company budgets to produce and sell 4,000 units.
Cost per units ($)
Direct materials 60.00
Direct wages 40.00
Variable overheads 20.00
120.00
Fixed overhead 40.00
Total cost 160.00
Determine the companys contribution per unit?
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Financial Modeling
Authors: Simon Benninga
3rd Edition
0262026287, 9780262026284
