A business operated at 100% of capacity during its first month, with the following results: Sales (90 units) $90,000 Production costs (100 units): Direct materials Direct labor Variable factory overhead Fixed factory overhead Operating expenses: Variable operating expenses Fixed operating expenses $40,000 20,000 2,000 7,000 a. $29,700 b. $34,200 O c. $26,200 Od. $20,200 $8,000 1,000 69,000 69,000 The amount of contribution margin that would be reported on the variable costing income statement is

A business operated at 100% of capacity during its first month, with the following results: Sales (90 units) $90,000 Production costs (100 units): Direct materials Direct labor Variable factory overhead Fixed factory overhead Operating expenses: Variable operating expenses Fixed operating expenses $40,000 20,000 2,000 7,000 a. $29,700 b. $34,200 O c. $26,200 Od. $20,200 $8,000 1,000 69,000 69,000 The amount of contribution margin that would be reported on the variable costing income statement is

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Prepare journal entries using NAS
I need answer typing clear urjent no chatgpt used i will give upvotes
Required information [The following information applies to the questions displayed below.] Consider the following narrative describing the process of filling a customer's order at a Starbucks branch: Identify the start and end events and the activities in the following narrative, and then draw the business process model using BPMN: the Starbucks customer entered the drive-through lane and stopped to review the menu. He then ordered a Venti coffee of the day and a blueberry muffin from the barista. The barista recorded the order in the cash register. While the customer drove to the window, the barista filled a Venti cup with coffee, put a lid on it, and retrieved the muffin from the pastry case and placed it in a bag. The barista handed the bag with the muffin and the hot coffee to the customer. The customer has an option to pay with cash, credit card, or Starbucks gift card. The customer paid with a gift card. The barista recorded the payment and returned the card along with the…
how do you calculat mpg in excel?
All blanks need to be filled please and thank you, it's incomplete as of now.
Can you use excel to do the data please.
How do you make a two-dimensional columnar chart in excel?
subject:accunting information system. Q: explainDocument flowcharts and give two examples.
Read and interpret abalance sheet.
look at the image to solve the question