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Travis Company reports the following for its single product. Travis produced and sold 33,000 units this year. Direct materials $ 43 per unit Direct labor
Travis Company reports the following for its single product. Travis produced and sold 33,000 units this year.
Direct materials | $ 43 | per unit |
---|---|---|
Direct labor | $ 49 | per unit |
Variable overhead | $ 22 | per unit |
Fixed overhead | $ 133,000 | per year |
Variable selling and administrative expenses | $ 8 | per unit |
Fixed selling and administrative expenses | $ 208,600 | per year |
Sales price | $ 193 | per unit |
Compute contribution margin for the company under variable costing.
Multiple Choice
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$4,214,400
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$2,607,000
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$2,343,000
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$6,369,000
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$4,423,000
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