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Author Question: Swan Textiles Inc. produces and sells a decorative pillow for $98.00 per unit. In the first month of ... (Read 91 times)

SAVANNAHHOOPER23

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Swan Textiles Inc. produces and sells a decorative pillow for $98.00 per unit. In the first month of operation, 2,300 units were produced and 1,800 units were sold. Actual fixed costs are the same as the amount budgeted for the month. Other information for the month includes:

Variable manufacturing costs$23.00 per unit
Variable marketing costs$6.00 per unit
Fixed manufacturing costs$15 per unit
Administrative expenses, all fixed$21.00 per unit
 Ending inventories:
Direct materials-0-
WIP-0-
Finished goods500 units

What is the contribution margin using variable costing?
◦ $135,000
◦ $124,200
◦ $165,600
◦ $123,500


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Marked as best answer by SAVANNAHHOOPER23 on Mar 6, 2021

wshriver

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SAVANNAHHOOPER23

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Reply 2 on: Mar 6, 2021
:D TYSM


cdmart10

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

 

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