62. Kalbach Corporation, a manufacturing company, has provided the following financial data for November: Sales Variable production expense.. Variable selling expense Variable administrative expense. Fixed production expense Fixed selling expense. Fixed administrative expense.. $440,000 $60,000 $21,000 $49,000 $95,000 $86,000 $93,000 The company had no beginning or ending inventories. The contribution margin for November was: A. $285,000 B. $166,000 C. $310,000 D. $36,000

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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62. Kalbach Corporation, a manufacturing company, has provided the following financial data
for November:
Sales .
$440,000
Variable production expense.
Variable selling expense .
Variable administrative expense.
Fixed production expense .
Fixed selling expense.
Fixed administrative expense.
$60,000
$21,000
$49,000
$95,000
$86,000
$93,000
The company had no beginning or ending inventories. The contribution margin for November
was:
A. $285,000
B. $166,000
C. $310,000
D. $36,000
Transcribed Image Text:62. Kalbach Corporation, a manufacturing company, has provided the following financial data for November: Sales . $440,000 Variable production expense. Variable selling expense . Variable administrative expense. Fixed production expense . Fixed selling expense. Fixed administrative expense. $60,000 $21,000 $49,000 $95,000 $86,000 $93,000 The company had no beginning or ending inventories. The contribution margin for November was: A. $285,000 B. $166,000 C. $310,000 D. $36,000
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