Question
You have been provided the following cost estimates for Freds, LLC based on sales of 30,000 units: Variable % Total Annual Costs Direct Materials 100%
You have been provided the following cost estimates for Freds, LLC based on sales of 30,000 units:
Variable % Total Annual Costs Direct Materials 100% $300,000 Direct Labor 100% $250,000 Manufacturing Overhead 50% $250,000 Selling and Administrative Expenses 25% $150,000 What selling price per unit will yield a contribution margin of 40%?
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Trusted Advisors Key Attributes Of Outstanding Internal Auditors
Authors: Richard F. Chambers, President And CEO Of The IIA
1st Edition
0894139819, 978-0894139819
