A business operated at 100% of capacity during its first month and incurred the following...
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A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (5,000 units): Direct materials Direct labor Variable factory overhead Fixed factory overhead Operating expenses: Variable operating expenses $17,000 Fixed operating expenses 1,000 18,000 If 1,000 units remain unsold at the end of the month and sales total $150,000 for the month, the amount of contribution margin that would be reported on the variable costing income statement is a. $54,000 b. $53,000 Oc. $51,400 Od. $52,000 $70,000 20,000 10,000 2,000 $102,000
A business operated at 100% of capacity during its first month and incurred the following costs: Pradietion maste ie nnd cuntribution margin that would be reborted the month and sales total $150,000 for the month, the amount of a. 554,000 b. 553,000 c. $51,400 4. $52,000
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