Vegas Company has the following unit costs:          Variable manufacturing overhead $ 30   Direct materials   25   Direct labor   24   Fixed manufacturing overhead   17   Variable marketing and administrative   8     Vegas produced and sold 13,500 units. If the product sells for $115, what is the contribution margin?   Multiple Choice   $148,500   $486,000   $256,500   $378,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Vegas Company has the following unit costs:
 

       
Variable manufacturing overhead $ 30  
Direct materials   25  
Direct labor   24  
Fixed manufacturing overhead   17  
Variable marketing and administrative   8  
 


Vegas produced and sold 13,500 units. If the product sells for $115, what is the contribution margin?

 

Multiple Choice
  •  

    $148,500

  •  

    $486,000

  •  

    $256,500

  •  

    $378,000

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