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Variable Costs: Beginning inventory 5,000 8 40,000 Variable manufacturing costs 160,000 8 1,280,000 Goods available for sale 165,000 1,320,000 Less ending inventory (9,000) 156,000
Variable Costs: Beginning inventory 5,000 8 40,000 Variable manufacturing costs 160,000 8 1,280,000 Goods available for sale 165,000 1,320,000 Less ending inventory (9,000) 156,000 (72,000) 1,248,000 Variable marketing costs 156,000 2.5 390,000 Total variable costs 1.638.000 Contribution margin 546,000 Fixed manufacturing costs 300,000 13
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Understanding Financial Accounting
Authors: Christopher Burnley, Robert Hoskin, Maureen Fizzell, Donald
1st Canadian Edition
1118849388, 9781119048572, 978-1118849385
