Company XYZ made total sales revenue of $500,000. The variable manufacturing costs were $135,000 while the fixed manufacturing costs were $20,000. The variable selling and administrative expenses were $51,000 while the fixed selling and administrative expenses were $10,000. How much was the total contribution margin ($)? 345.000

Company XYZ made total sales revenue of $500,000. The variable manufacturing costs were $135,000 while the fixed manufacturing costs were $20,000. The variable selling and administrative expenses were $51,000 while the fixed selling and administrative expenses were $10,000. How much was the total contribution margin ($)? 345.000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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