on & LS e 2 points Gamma Company manufactures household lamps, and sells them at...
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on & LS e 2 points Gamma Company manufactures household lamps, and sells them at $83 per unit. In the first month of operation, 2,350 units were produced and 1985 units were sold. Actual fixed costs are the same as the amount budgeted for the month. Other information for the month includes: Variable manufacturing costs $23.35 per unit Variable marketing costs $5.30 per unit Fixed manufacturing costs $12.70 per unit Administrative expenses, all fixed $17.48 per unit Ending inventories: Direct materials WIP -0- -0- Finished goods ? units Compute the contribution margin of the business in the first month of operation using the variable costing method. Save Answer
Camma Company manulactures household lamps, and sells them at 5 e3 per unit in the frnt month of operation, 2.350 units were peobuced ahd 1965 uniti were scid Actual fued costs are the same as the amount budgeted for the month. Other informalion for the morith indudes Compuce the contribution margin of the business in the frst month of operaton suing the varable costing method
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