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Author Question: Cornell Corporation gathered the following information for the year just ended:Fixed ... (Read 119 times)

acc299

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on: Jan 5, 2020
Cornell Corporation gathered the following information for the year just ended:

Fixed costs:​
Manufacturing$125,000
Marketing48,000
Administrative25,000
Variable costs:​
Manufacturing$120,000
Marketing32,000
Administrative38,000

During the year, Cornell produced and sold 60,000 units of product at a sale price of $8.00 per unit.  There was no beginning inventory of product at the start of the year.


What is the contribution margin for the year at Cornell Corporation?
◦ $282,000
◦ $290,000
◦ $92,000
◦ $480,000
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Marked as best answer by acc299 on Jan 5, 2020

ergserg

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Reply #1 on: Jan 5, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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acc299

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Reply 2 on: Jan 5, 2020
YES! Correct, THANKS for helping me on my review

FergA

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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