Tirri Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $...
Tirri Corporation has provided the following information:
| Cost per Unit | Cost per Period | ||||||
| Direct materials | $ | 7.50 | |||||
| Direct labor | $ | 3.85 | |||||
| Variable manufacturing overhead | $ | 1.55 | |||||
| Fixed manufacturing overhead | $ | 24,400 | |||||
| Sales commissions | $ | 1.05 | |||||
| Variable administrative expense | $ | 0.60 | |||||
| Fixed selling and administrative expense | $ | 8,800 | |||||
If the selling price is $28.10 per unit, the contribution margin per unit sold is closest to:
Homework Answers
Selling price per unit = $28.10
Variable cost per unit = $7.5 + $3.85 + $1.55 + $1.05 + $0.60
= $14.55
Contribution margin per unit = $28.10 - $14.55
= $13.55
Working Notes
Contribution margin per unit = selling price - variable cost per unit
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Tirri Corporation has provided the following information:
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Pedregon Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 7.15 Direct labor $ 3.90 Variable manufacturing overhead $ 1.40 Fixed manufacturing overhead $ 16,200 Sales commissions $ 0.60 Variable administrative expense $ 0.70 Fixed selling and administrative expense $ 6,600 If the selling price is $21.70 per unit, the contribution margin per unit sold is closest to:
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Tirri Corporation has provided the following information Cost per Unit Cost per Period Direct materials $...
Tirri Corporation has provided the following information Cost per Unit Cost per Period Direct materials $ 6.85 Direct labor $ 3.90 Variable manufacturing overhead $ 1.25 Fixed manufacturing overhead $ 22,500 Sales commissions $ 1.00 Variable administrative expense $ 0.55 Fixed selling and administrative expense $ 7,500 If the selling price is $21.20 per unit, the contribution margin per unit sold is closest to: $19.65 O $7.65 O $12.00 O $9.20 Question 17
Lagle Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $...
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Pedregon Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 6.75 Direct labor $ 3.90 Variable manufacturing overhead $ 1.55 Fixed manufacturing overhead $ 15,300 Sales commissions $ 0.75 Variable administrative expense $ 0.80 Fixed selling and administrative expense $ 7,200 If 4,500 units are sold, the total variable cost is closest to: Multiple Choice $66,825 $80,550 $61,875 $54,900
Kesterson Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $...
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Tirri Corporation has provided the following information Cost per Unit Cost per Period Direct materials $ 6.85 Direct labor $ 3.90 Variable manufacturing overhead $ 1.25 Fixed manufacturing overhead $ 22,500 Sales commissions $ 1.00 Variable administrative expense $ 0.55 Fixed selling and administrative expense $ 7,500 If the selling price is $21.20 per unit, the contribution margin per unit sold is closest to: $19.65 O $7.65 O $12.00 O $9.20 Question 17
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