Reference no: EM131264932
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: The total contribution margin for the month under the variable costing approach is:
Selling price,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,$135
Units in beginning inventory....................... 0
Units produced...........................................6,400
Units sold..................................................6,200
Units in ending inventory.............................200
Variable cost per unit:
Direct materials..........................$49
Direct labor................................$38
Variable manufacturing overhead...$6
Variable selling and administrative......$11
Fixed costs:
Fixed manufacturing overhead........................$108.800
Fixed selling and administrative........................74,400
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