| Variable cost per unit | = | $ 5.00 | ($ 1085000 / 217000) | ||
| Total Variable Cost | = | $ 10,85,000.00 | |||
| Total Contribution | = | $ 34,72,000.00 | ($ 4557000 - $ 1085000) | ||
| Workings: | |||||
| Particulars | Amount | ||||
| Sales | $ 45,57,000.00 | (217000 x $ 21) | |||
| Less: | Gross Margin | $ 15,19,000.00 | |||
| Total Manufacturing Cost | $ 30,38,000.00 | ||||
| Less: | Fixed Manufacturing Cost | $ 19,53,000.00 | (217000 x $ 9) | ||
| Variable Cost | $ 10,85,000.00 | ||||
Is this correct?
Exercise 3-4A (Algo) Determining variable cost from incomplete cost data LO 3-1 Benson Corporation produced 217,000...
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