Vaughan, Inc. reports the following information for August: $ 800,000 110,000 Sales Revenue Variable Cost...
50.1K
Verified Solution
Link Copied!
Question
Accounting
Vaughan, Inc. reports the following information for August: $ 800,000 110,000 Sales Revenue Variable Cost of Goods Sold Fixed Cost of Goods Sold Variable Selling and Administrative Costs Fixed Selling and Administrative Costs 45,000 100,000 70,000 Calculate the contribution margin for August using variable costing. O $690,000 O $475,000 $590,000 O none of these choices O $645,000
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: Zin AI - Your personal assistant for all your inquiries!