Company XYZ made total sales revenue of $350,000. The variable manufacturing costs were $105,000 while the fixed manufacturing costs were $20,000. The variable selling and administrative expenses were $48,000 while the fixed selling and administrative expenses were $10,000. 2($) How much was the total contribution margin 292,000 245,000 b O 197,000 .c O 225,000 d O None of the given answers .e O

Company XYZ made total sales revenue of $350,000. The variable manufacturing costs were $105,000 while the fixed manufacturing costs were $20,000. The variable selling and administrative expenses were $48,000 while the fixed selling and administrative expenses were $10,000. 2($) How much was the total contribution margin 292,000 245,000 b O 197,000 .c O 225,000 d O None of the given answers .e O

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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