Company A reported the following data for April: sales $692,500 cost of goods sold $305,000 total variable selling expense $37,500 total fixed selling expense $16,000 total variable administrative expense was $35,000 total fixed administrative expense $38,900 If the cost of goods sold in this company is a variable cost. What is the contribution margin for April?
Company A reported the following data for April: sales $692,500 cost of goods sold $305,000 total variable selling expense $37,500 total fixed selling expense $16,000 total variable administrative expense was $35,000 total fixed administrative expense $38,900 If the cost of goods sold in this company is a variable cost. What is the contribution margin for April?
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter2: Basic Cost Management Concepts
Section: Chapter Questions
Problem 24E: Last year, Orsen Company produced 25,000 juicers and sold 26,500 juicers for 60 each. The actual...
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