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Vegas Company has the following unit costs: Variable manufacturing overhead $ 30 Direct materials 25 Direct labor 24 Fixed manufacturing overhead 17 Variable marketing and
Vegas Company has the following unit costs:
Variable manufacturing overhead | $ | 30 | |
Direct materials | 25 | ||
Direct labor | 24 | ||
Fixed manufacturing overhead | 17 | ||
Variable marketing and administrative | 10 | ||
Vegas produced and sold 11,500 units. If the product sells for $115, what is the contribution margin?
Multiple Choice
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$103,500
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$218,500
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$299,000
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$414,000
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