Homework Answers
| Answer : $641280 | ||
| contribution calculation: | ||
| Sales volume | 13360 | |
| COS / unit | 77 | |
| selling price per unit | 153 | |
| Sales @ 153 | 2044080 | |
| Less:COS @ 77 | 1028720 | |
| Less: Variable cost of Selling & Admin @ 28 | 374080 | |
| contribution | 641280 | |
| Variable Selling & Admin exp.: | ||
| units | costs | |
| Higher level | 13590 | 721320 |
| Lower level | 12400 | 688000 |
| difference | 1190 | 33320 |
| Variable cost per unit | 28 |
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Iacob Corporation is a wholesale that sells a single product Management has provided the following cost...
lacob Corporation is a wholesaler that sells a single product. Management has provided the following cost...
lacob Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $162.00 per unit. Sales volume (units) Cost of sales Selling and administrative costs 13,900 15,490 $1,139,800 $1,270, 180 $ 652,000 $ 685, 390 The best estimate of the total contribution margin when 14,370 units are sold is: Multiple Choice $961,860 $847,830 $283,470
lacob Corporation is a wholesaler that sells a single product. Management has provided the following cost...
lacob Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $149.00 per unit. Sales volume (units) Cost of sales Selling and administrative costs 15,600 $1,185,600 $ 676,000 17,520 $1,331,520 $ 714,400 The best estimate of the total contribution margin when 15,910 units are sold is: Multiple Choice O $303,570 $843,230 O ennen C The best estimate of the total contribution...
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lacob Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $162.00 per unit. Sales volume (units) Cost of sales Selling and administrative costs 13,900 15,490 $1,139,800 $1,270, 180 $ 652,000 $ 685, 390 The best estimate of the total contribution margin when 14,370 units are sold is: Multiple Choice $961,860 $847,830 $283,470
lacob Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $149.00 per unit. Sales volume (units) Cost of sales Selling and administrative costs 15,600 $1,185,600 $ 676,000 17,520 $1,331,520 $ 714,400 The best estimate of the total contribution margin when 15,910 units are sold is: Multiple Choice O $303,570 $843,230 O ennen C The best estimate of the total contribution...
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