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e. OMR10 Company XYZ produced and sold 5,000 units. The selling price per unit was OMR7. The variable manufacturing cost per unit was OMR3. The variable selling and administrative expenses per unit was OMR2. The total fixed expenses were OMR2,000. Calculate the total contribution margin. Select one: a. OMR35,000 Ob. OMR33,000 Oc. OMR25,000 O d. OMR10,000 De. OMR20,000 Next page

e. OMR10 Company XYZ produced and sold 5,000 units. The selling price per unit was OMR7. The variable manufacturing cost per unit was OMR3. The variable selling and administrative expenses per unit was OMR2. The total fixed expenses were OMR2,000. Calculate the total contribution margin. Select one: a. OMR35,000 Ob. OMR33,000 Oc. OMR25,000 O d. OMR10,000 De. OMR20,000 Next page

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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e. OMR10 Company XYZ produced and sold 5,000 units. The selling price per unit was OMR7. The variable manufacturing cost per unit was OMR3. The variable selling and administrative expenses per unit was OMR2. The total fixed expenses were OMR2,000. Calculate the total contribution margin. Select one: a. OMR35,000 Ob. OMR33,000 Oc. OMR25,000 O d. OMR10,000 De. OMR20,000 Next page
Transcribed Image Text:e. OMR10 Company XYZ produced and sold 5,000 units. The selling price per unit was OMR7. The variable manufacturing cost per unit was OMR3. The variable selling and administrative expenses per unit was OMR2. The total fixed expenses were OMR2,000. Calculate the total contribution margin. Select one: a. OMR35,000 Ob. OMR33,000 Oc. OMR25,000 O d. OMR10,000 De. OMR20,000 Next page
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