A business operated at 100% of capacity during its first month and incurred the following...
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Accounting
A business operated at of capacity during its first month and incurred the following costs:
Production costs units:
Direct materials $
Direct labor
Variable factory overhead
Fixed factory overhead $
Operating expenses:
Variable operating expenses $
Fixed operating expenses
If units remain unsold at the end of the month and sales total $ for the month, the amount of contribution margin that would be reported on the variable costing income statement is
a $
b $
c $
d $
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