
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
Vegas Company has the following unit costs:
Variable manufacturing |
$ | 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
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$148,500
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$486,000
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$256,500
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$378,000
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