Question
Wabash Company has the following information pertaining to its Stone Division for this year Stones Fixed manufacturing expenses $100,000 Fixed selling and administrative expenses 70,000
Wabash Company has the following information pertaining to its Stone Division for this year
|
| Stones |
| Fixed manufacturing expenses | $100,000 |
| Fixed selling and administrative expenses | 70,000 |
| Sales | 400,000 |
| Direct manufacturing costs (variable) | 100,000 |
| Variable selling and administrative expenses | 90,000 |
Common expenses for the year are $24,000.
Calculate the Stone Divisions contribution margin.
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Technical Guide On Internal Auditing Including Internal Audit Survey 2014
Authors: Taxmann
2015th Edition
9350716615, 978-9350716618
