The total contribution margin for the month

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Reference no: EM131016548

A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: 

Selling price

$89

   

Units in beginning inventory

0

Units produced

4,300

Units sold

4,000

Units in ending inventory

300

   

Variable costs per unit:

 

Direct materials

$13

Direct labor

$35

Variable manufacturing overhead

$1

Variable selling and administrative

$10

Fixed costs:

 

Fixed manufacturing overhead

$77,400

Fixed selling and administrative

$24,000

The total contribution margin for the month under variable costing is:

$160,000

$42,600

$120,000

$88,000 

Reference no: EM131016548

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