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Company XYZ made total sales revenue of $500,000. The variable manufacturing costs were $135,000 while the fixed manufacturing costs were $20,000. The variable selling and administrative expenses were $51,000 while the fixed selling and administrative expenses were $10,000. How much was the total contribution margin ($)? 345.000

Company XYZ made total sales revenue of $500,000. The variable manufacturing costs were $135,000 while the fixed manufacturing costs were $20,000. The variable selling and administrative expenses were $51,000 while the fixed selling and administrative expenses were $10,000. How much was the total contribution margin ($)? 345.000

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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Ob. 1,900 Time left 0 58 1,000 d. 600 O e 2,500 Company XYZ made total sales revenue of $500,000. The variable manufacturing costs were $135,000 while the fixed manufacturing costs were $20,000. The variable selling and administrative expenses were $51,000 while the fixed selling and administrative expenses were $10,000. How much was the total contribution margin ($)? O a. 345,000 O b. 365,000 Oc. 314,000 O d. 439,000 O e. None of the given answers NEXT PAGI Jump to... COURSE OUTLINE SPRING2021 ►
Transcribed Image Text:Ob. 1,900 Time left 0 58 1,000 d. 600 O e 2,500 Company XYZ made total sales revenue of $500,000. The variable manufacturing costs were $135,000 while the fixed manufacturing costs were $20,000. The variable selling and administrative expenses were $51,000 while the fixed selling and administrative expenses were $10,000. How much was the total contribution margin ($)? O a. 345,000 O b. 365,000 Oc. 314,000 O d. 439,000 O e. None of the given answers NEXT PAGI Jump to... COURSE OUTLINE SPRING2021 ►
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