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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
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