Can Please Help Me: Accounting60 minutes only the given time. Wish you could help me.I will give UPVOTE and GOOD FEEDBACK. Given the following for Silver Company in 2019: revenues P5,300,000,manufacturing costs P2,200,000 (one-half fixed), and marketing andadministrative costs P 2,700,000 (two-thirds variable). The contribution marginis:1. P 400,0002. P 2,400,0003. Р3.100,0004. P 3,300,000O 1O 2O 3O 4

The contribution margin is the difference between sales revenue & Variable cost. Contribution…

Answered: Given the following for Silver Company…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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Given the following for Silver Company in 2019: revenues P5,300,000, manufacturing costs P2,200,000 (one-half fixed), and marketing and administrative costs P 2,700,000 (two-thirds variable). The contribution margin is: 1. P 400,000 2. P 2,400,000 3. Р3.100,000 4. P 3,300,000 O 2 O 3 OOO O