Mct Company's total sales are $210,000. The company's direct material cost is $25,000. Its direct labor cost is $34,000. Its total manufacturing overhead costs consists of $15,000 variable costs and $30,000 fixed costs. Its total selling and administrative expense consists of $6,000 variable costs and 17,000 fixed costs. What is the total contribution margin? Select one: a. $140,000 b. $130,000 c. $106,000 d. $136,000
Mct Company's total sales are $210,000. The company's direct material cost is $25,000. Its direct labor cost is $34,000. Its total manufacturing overhead costs consists of $15,000 variable costs and $30,000 fixed costs. Its total selling and administrative expense consists of $6,000 variable costs and 17,000 fixed costs. What is the total contribution margin? Select one: a. $140,000 b. $130,000 c. $106,000 d. $136,000
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter1: Introduction To Managerial Accounting
Section: Chapter Questions
Problem 3CMA: A firm has 100,000 in direct materials costs, 50,000 in direct labor costs, and 80,000 in overhead....
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![Mct Company's total sales are $210,000.
The company's direct material cost is
$25,000. Its direct labor cost is $34,000.
Its total manufacturing overhead costs
consists of $15,000 variable costs and
$30,000 fixed costs. Its total selling and
administrative expense consists of
$6,000 variable costs and 17,000 fixed
costs. What is the total contribution
margin? Select one:
a. $140,000
b. $130,000
c. $106,000
d. $136,000
e. None of the answers given
f. $189,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6e9f204d-fe59-4fb8-bcd4-c38756e1877d%2F4a1f3b01-6b04-43df-90e1-c9a2e822938c%2Fp01som_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Mct Company's total sales are $210,000.
The company's direct material cost is
$25,000. Its direct labor cost is $34,000.
Its total manufacturing overhead costs
consists of $15,000 variable costs and
$30,000 fixed costs. Its total selling and
administrative expense consists of
$6,000 variable costs and 17,000 fixed
costs. What is the total contribution
margin? Select one:
a. $140,000
b. $130,000
c. $106,000
d. $136,000
e. None of the answers given
f. $189,000
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