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VI. Nortel Company had the following data (in thousand dollars) for a given period. Direct labor $2701 Fixed selling and administrative expenses 150 Variable manufacturing

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VI. Nortel Company had the following data (in thousand dollars) for a given period. Direct labor $2701 Fixed selling and administrative expenses 150 Variable manufacturing overhead 2001 Direct materials 450 Sales 1,5001 Operating income 1001 Contribution margin 500 Compute the following: (20 pts.) (1) Manufacturing cost of goods sold (2) Gross profit (3) Variable selling and administrative expenses (4) Fixed manufacturing overhead costs (5) Break-even point in $ sales

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