During October, Company XYZ produced and sold 10,000 units of product A. At this level, the total product cost was $70,000 This included $10,000 direct materials, $20,000 direct labor and $40,000 manufacturing overhead cost, which included 20% variable manufacturing overhead cost. The selling and administrative expenses were $100,000, which included $70,000 fixed. selling and administrative costs. The selling price per unit is $16. How much is the expected total contribution margin in November if the company produced and sold 11,000 units? Assume 11,000 units is within the relevant range. a. $123,200 b. $112,200 C. $134,200 • d. None of the given choices e. $101,200

During October, Company XYZ produced and sold 10,000 units of product A. At this level, the total product cost was $70,000 This included $10,000 direct materials, $20,000 direct labor and $40,000 manufacturing overhead cost, which included 20% variable manufacturing overhead cost. The selling and administrative expenses were $100,000, which included $70,000 fixed. selling and administrative costs. The selling price per unit is $16. How much is the expected total contribution margin in November if the company produced and sold 11,000 units? Assume 11,000 units is within the relevant range. a. $123,200 b. $112,200 C. $134,200 • d. None of the given choices e. $101,200

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Description: During October, Company XYZ produced and sold 10,000 units of product A. At this level, the total product cost was $70,000.This included $10,000 direct materials, $20,000 direct labor and $40,000 manufacturing overhead cost, which included 20%variab

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 1PB: The following product costs are available for Stellis Company on the production of erasers: direct...

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