FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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If variable cost of goods sold totaled $98,094 for the year (16,349 units at $6 each) and the planned variable cost of goods sold totaled $109,064 (13,633 units at $8 each), the effect of the quantity factor on the change in contribution margin is:
a.$16,296 decrease
b.$21,728 decrease
c.$16,296 increase
d.$21,728 increase
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