harge of dogme Sofeday = Total safely - Total budget-break eve sales des - Beoo-...
60.1K
Verified Solution
Link Copied!
Question
Accounting
harge of dogme Sofeday = Total safely - Total budget-break eve sales des - Beoo- 10 Austen Company makes a single product. Each unit requires $55 of direct materials. Manufacturing overhead (MOH) cost is applied in the amount of 150% of direct labor cost. Two thirds of the MOH cost is fixed. The company had no beginning or ending inventory in August. The company reports additional information for August below: A Sales quantity Selling price Manufacturing cost per unit Variable selling & administrative cost per unit Fixed selling & administrative cost X A 7,000 units 300 130 50- 290,500 2 100.000 350.000 A to A 7' 730.000 What was the total contribution margin for August? A. $ 1,190,000 B $ 1,400,000 C. $ 1,050,000 D. $ 840,000 E. None of the above. 385.000 TCM Cost Total CM. 2100 55 130 DM FOL + Mol toc + Mon - Product j;e% 18% ole 290,500, 350.000, 500
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
