Company XYZ made total sales revenue of $300,000. The variable manufacturing costs were $95,000 while the fixed manufacturing costs were $20,000. The variable selling and administrative expenses were $47,000 while the fixed selling and administrative expenses were $10,000. How much was the total contribution margin ($)? O a. None of the given answers O b. 205,000 O c. 158,000 O d. 185,000 O e. 243,000

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter11: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 11.1E: Classify costs Following is a list of various costs incurred in producing and selling college...
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E-LEARNING SERVICES - SQU LIBRARIES
SQU PORTAL ATTENDA
Time left 2:01:24
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O d. Coca-Cola factory
O e. Jet building factory
CLEAR MY CHOICE
Company XYZ made total sales revenue of $300,000. The variable
manufacturing costs were $95,000 while the fixed manufacturing costs
were $20,000. The variable selling and administrative expenses were
$47,000 while the fixed selling and administrative expenses were $10,000.
How much was the total contribution margin ($)?
O a. None of the given answers
O b. 205,000
O c. 158,00o
C.,
O d. 185,000
O e. 243,000
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Transcribed Image Text:CC EMIC) E-LEARNING SERVICES - SQU LIBRARIES SQU PORTAL ATTENDA Time left 2:01:24 20 O d. Coca-Cola factory O e. Jet building factory CLEAR MY CHOICE Company XYZ made total sales revenue of $300,000. The variable manufacturing costs were $95,000 while the fixed manufacturing costs were $20,000. The variable selling and administrative expenses were $47,000 while the fixed selling and administrative expenses were $10,000. How much was the total contribution margin ($)? O a. None of the given answers O b. 205,000 O c. 158,00o C., O d. 185,000 O e. 243,000 NEXT PAGE Jump to... COURSE OUTLINE SPRING2021 ► OTO 4 81
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