This topic contains a solution. Click here to go to the answer

Author Question: The following information for the past year for the Lambert Company has been provided:Fixed ... (Read 92 times)

renzo156

  • Hero Member
  • *****
  • Posts: 526
The following information for the past year for the Lambert Company has been provided:

Fixed costs:
Manufacturing$150,000
Marketing28,000
Administrative21,000
Variable costs:
Manufacturing$132,000
Marketing32,000
Administrative43,000

During the year, the Lambert Company produced and sold 50,000 units of product at a sale price of $10.00 per unit.  There was no beginning inventory of product at the beginning of the year.


What is the contribution margin for the year at the Lambert Company?
◦ $293,000
◦ $500,000
◦ $94,000
◦ $301,000


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by renzo156 on Jan 5, 2020

bfulkerson77

  • Sr. Member
  • ****
  • Posts: 331
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.
Answer Preview
Only 29% of students answer this correctly




renzo156

  • Member
  • Posts: 526
Reply 2 on: Jan 5, 2020
Excellent


sailorcrescent

  • Member
  • Posts: 334
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

For a complete list of videos, visit our video library