FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Green and White Company reported the following monthly data:
Units produced
Sales price
Direct materials
Direct labor
Variable overhead
Fixed overhead
Variable selling and
administrative expenses
Fixed selling and
administrative expenses
2,500 units
$ 30 per unit
$ 1 per unit
$ 3 per unit
$ 3.65 per unit
$ 10,000 in total
$ 0.35 per unit
$ 2,500 in total
What is Green and White's contribution margin for this month if 1,030 units were sold?
Multiple Choice
$30,900
$26,780
$55,000
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Transcribed Image Text:Green and White Company reported the following monthly data: Units produced Sales price Direct materials Direct labor Variable overhead Fixed overhead Variable selling and administrative expenses Fixed selling and administrative expenses 2,500 units $ 30 per unit $ 1 per unit $ 3 per unit $ 3.65 per unit $ 10,000 in total $ 0.35 per unit $ 2,500 in total What is Green and White's contribution margin for this month if 1,030 units were sold? Multiple Choice $30,900 $26,780 $55,000
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