Please don't provide answer in image format thank you Remy Corporation sold 5,500 units of its product at a price of $30 per unit. Total variable cost per unit is $16.00, consisting of $15.20 invariable cost of goods sold and $0.80 in variable selling and administrative cost. Compute the contribution margin for the company.Multiple ChoiceO $77,000O $83,600$165,000$92,400$88,000 A company reports the following information:MonthJanuaryFebruaryTotal Cost$ 5,490$ 6,980$ 8,100$ 3,900Using the high-low method, the estimated variable cost per unit is:MarchAprilMultiple ChoiceUnits Sold9401,8402,480640$3.27.$6.09.$4.15.$5.30.

VARIABLE COST Variable Cost is a cost that varies with the level of output.Variable costs include…

A company reports the following information: Month January February Total Cost $ 5,490 $ 6,980 March $ 8,100 April $ 3,900 Using the high-low method, the estimated variable cost per unit is: Multiple Choice O Units Sold 940 1,840 2,480 640 $3.27. $6.09. $4.15. $5.30.

A company reports the following information: Month January February Total Cost $ 5,490 $ 6,980 March $ 8,100 April $ 3,900 Using the high-low method, the estimated variable cost per unit is: Multiple Choice O Units Sold 940 1,840 2,480 640 $3.27. $6.09. $4.15. $5.30.

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter6: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 1BE: High-low method The manufacturing costs of Rosenthal Industries for the first three months of the...

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Question

Please don't provide answer in image format thank you

Remy Corporation sold 5,500 units of its product at a price of $30 per unit. Total variable cost per unit is $16.00, consisting of $15.20 in
variable cost of goods sold and $0.80 in variable selling and administrative cost. Compute the contribution margin for the company.
Multiple Choice
O $77,000
O $83,600
$165,000
$92,400
$88,000

A company reports the following information:
Month
January
February
Total Cost
$ 5,490
$ 6,980
$ 8,100
$ 3,900
Using the high-low method, the estimated variable cost per unit is:
March
April
Multiple Choice
Units Sold
940
1,840
2,480
640
$3.27.
$6.09.
$4.15.
$5.30.

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