Determine the total contribution margin for the month

Assignment Help Accounting Basics
Reference no: EM133185135

Question - Walsh Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

Selling price $106

Units in beginning inventory 0

Units produced 2,600

Units sold 2,200

Units in ending inventory 400

Variable costs per unit:

Direct materials $46

Direct labor $28

Variable manufacturing overhead $2

Variable selling and administrative expense $7

Fixed costs:

Fixed manufacturing overhead $33,800

Fixed selling and administrative expense $8,800

Required - Determine the total contribution margin for the month under variable costing?

a. $50,600

b. $66,000

c. $16,800

d. $37,400

Reference no: EM133185135

Questions Cloud

Determine standalone selling price by performance obligation : For XYZ, the total cost (or transaction price) of the contract is $1,000,000. Determine standalone selling price by performance obligation
Calculate the interest charged for seven months : Question - If $5,000 is borrowed at a simple interest rate of 4.80% p.a., calculate the interest charged for 7 months
How much will enviro accrue for salaries and wages : How much will Enviro accrue for salaries and wages for the last week of February in the February accounting period in order to accurately reflect these costs
What is the net present value of the cash flows associated : Riteway Ad Agency's required rate of return is 19%. What is the net present value of the cash flows associated with the purchase alternative
Determine the total contribution margin for the month : Walsh Corporation, which has only one product, Determine the total contribution margin for the month under variable costing
What is the value of this stock : Suppose that a company expects to pay a £2.50 dividend in the first 2 years. What is the value of this stock
Prepare the acquisition analysis for the acquisition : Prepare the Acquisition Analysis for the acquisition of the net assets of Cele Ltd on 1 December 2021. Prepare, for accounting purposes
What amount should be reported as total expense : Expenses for the first quarter totaled P5,000,000 of which 25% was variable. What amount should be reported as total expense for the first quarter ended March
What is the cost of preferred stock : ABC Corporation is considering issuing a 10% preferred stock that is expected to sell at a $50 par value per share. What is the cost of preferred stock

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd