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
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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
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
-
$148,500
-
$486,000
-
$256,500
-
$378,000
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