Company XYZ made total contribution margin of $300,000 and a net income of $140,000. The company also made a total gross margin of 270,000. Assume that the variable selling and administrative expenses ?($) were $80,000, how much is the fixed manufacturing cost 130,000 .a 50,000 .b None of the given answers .C 110,000 .d C 160,000 .e

Company XYZ made total contribution margin of $300,000 and a net income of $140,000. The company also made a total gross margin of 270,000. Assume that the variable selling and administrative expenses ?($) were $80,000, how much is the fixed manufacturing cost 130,000 .a 50,000 .b None of the given answers .C 110,000 .d C 160,000 .e

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 14EB: Company A has current sales of $4,000,000 and a 45% contribution margin. Its fixed costs are...

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