Question
Theta Appliances Item Value Sales price per unit $55.00 Variable cost per unit $28.00 Fixed manufacturing cost $10,000 total Fixed selling and administrative cost $4,000
- Theta Appliances
Item | Value |
Sales price per unit | $55.00 |
Variable cost per unit | $28.00 |
Fixed manufacturing cost | $10,000 total |
Fixed selling and administrative cost | $4,000 total |
- Theta Appliances planned to produce and sell 1,200 units. Actual production and sales amounted to 1,300 units. Required:
- Compute the contribution margin per unit.
- Prepare a flexible budget performance report.
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Managerial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
4th Canadian edition
1118856996, 978-1118856994
