Assume the following information for a product line: Sales revenue $1,100,000 Va
ID: 2453273 • Letter: A
Question
Assume the following information for a product line:
Sales revenue
$1,100,000
Variable manufacturing costs
200,000
Fixed manufacturing costs
150,000
Variable selling/administrative costs
120,000
Fixed selling/administrative costs
100,000
What is the product line's contribution margin?
$780,000
$900,000
$650,000
$530,000
Sales revenue
$1,100,000
Variable manufacturing costs
200,000
Fixed manufacturing costs
150,000
Variable selling/administrative costs
120,000
Fixed selling/administrative costs
100,000
Explanation / Answer
Product line's contribution margin is $780000
Particulars Amount Sales Revenue vb1100000 Less: Variable manufacturing costs -200000 Less: Variable selling/administrative costs -120000 Contribution margin $780000Related Questions
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