Question

Need expalnation to solution please.

The following information is available for Vrys materials cost used to production was $300.000 (all variable cost used in production was $100.000 (all variable). Indire Manufacturing cost was $500,000 (all fixed). Selling costs (all fixed). The company manufactured and sold 30,000 units in 30 2007. tec's Operation in 20 000 (11 variables, Director 1 variable). Indirect labor costa Y Selling costs were $200.000 - TR = 3 14. What was Vaysman Inc.'s Gross Margin to 20077 $1.750.000 bS1.050.000 Goss Marin Care c. $1.500.000 d. $1,550,000 - S- Product cast coas. e. None of the above in Detm. ho Marder it is viable ormt í Gross Margin. 15. What was Vaysman Inc. Contribution Margin in 2007? a $1,100,000 - contribution for TVC 30 b. $1,550,000 c. $1,250,000 400) $1,350.000 Vopublecost. 160, - None of the above 200, 300 to manufacomel non mane 2009 71,200

Answer 1

1	$1,050,000
	Sales (30,000 x $85)		$2,550,000
	Less: Cots of Goods Sold
	Direct materials	$300,000
	Direct labor	$400,000
	Variable manufacturing costs ($100,000 + $200,000)	$300,000
	Fixed manufacturing costs	$500,000
	Cost of Goods Sold		$1,500,000
	Gross Margin		$1,050,000
2	$1,350,000
	Sales		$2,550,000
	Less: Variable Costs
	Direct materials	$300,000
	Direct labor	$400,000
	Variable manufacturing costs ($100,000 + $200,000)	$300,000
	Variable Selling costs	$200,000
	Total Variable Costs		$1,200,000
	Contribution Margin		$1,350,000