Solution-What is the contribution margin using variable

What is the contribution margin using variable costing

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Reference no: EM132788526

Problem - Swan Textiles Inc. produces and sells a decorative pillow for $104.00 per unit. In the first month of operation, 2400 units were produced and 1750 units were sold. Actual fixed costs are the same as the amount budgeted for the month. Other information for the month includes:

Variable manufacturing costs $22.00 per unit

Variable marketing costs $9.00 per unit

Fixed manufacturing costs $13 per unit

Administrative expenses, all fixed $22.00 per unit

Ending inventories:

Direct materials 0

WIP 0

Finished goods 650 units

Required - What is the contribution margin using variable costing?

a. $143,500

b. $166,250

c. $129,200

d. $127,750

Reference no: EM132788526

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What is the contribution margin using variable costing

Reference no: EM132788526

Reference no: EM132788526

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