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Use the information below to answer the following question(s). Macadamia Co. produced and sold 40,000 units last year Per unit revenue and costs were as
Use the information below to answer the following question(s). Macadamia Co. produced and sold 40,000 units last year Per unit revenue and costs were as follows: Revenue $10000 Cost of Goods Sold Direct Materials $15.00 Direct Labour 30.00 Variable Manulacturing Overhead 20.00 Fixed Manufacturing Overhead 10.00 Total Cost of Goods Sold 75 00 Gross Margin $25,00 Selling and Administrative Costs Sales Commissions (10% of Sales) $10.00 Administrative Salaries 20 00 Total Selling and Administrative 30.00 Operating Income
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