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The Kyu Lee provides you with the following miscellaneous data regarding operations in 20X0 (in thousands of South Korean won, ): Break-even point in sales
The Kyu Lee provides you with the following miscellaneous data regarding operations in 20X0 (in thousands of South Korean won, ):
Break-even point in sales | 40,000 |
Direct material used | 29,000 |
Gross Profit | 20,000 |
Contribution Margin | 25,000 |
Direct Labour | 30,000 |
Sales | 100,000 |
Variable manufacturing overhead | 5,000 |
There are no beginning or ending inventories
Compute (a) the fixed manufacturing overhead (b) variable selling and administrative expenses and (c) fixed selling and administrative expenses
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