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Compute Contribution Margin for January

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Reference no: EM132717598

Question - Nurikamal Technology Inc. manufactures heavy duty flash lights. January and February operations were identical in every way except for the planned production.

January had a production denominator of 88844 units.

February had a production denominator of 65847 units.

Fixed manufacturing costs totaled 211812.

Sales for both months totaled 63237 units with variable manufacturing costs of 7 per unit. Selling and administrative costs were 2 per unit variable and 53259 of fixed. The selling price was 10 per unit.

Required - Under VARIABLE Costing Approach

1. Compute COGS for February.

2. Compute COGS for January.

3. Compute cost per unit for February.

4. Compute Contribution Margin for January.

5. Compute Contribution Margin for February.

5. Compute OI for January.

6. Compute OI for February.

Reference no: EM132717598

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