Units produced 2,000 units Sales price $ 25 Direct materials $1 $ 2 Variable overhead $3 per unit per unit Direct labor per unit per unit Fixed overhead $ 8,000 in total What is Green and White's contribution margin for this month if 980 units were sold? O $21,560 O $38,000 O $50,000 O $24,500 O $18,620

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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QUESTION 19
Green and White Company reported the following monthly data:
Units produced
Sales price
2,000 units
$ 25
per unit
Direct materials $1
per unit
Direct labor
$2
per unit
Variable overhead $ 3
per unit
$ 8,000 in total
Fixed overhead
What is Green and White's contribution margin for this month if 980 units were sold?
O $21,560
O $38,000
O 50,000
O $24,500
O $18,620
Transcribed Image Text:QUESTION 19 Green and White Company reported the following monthly data: Units produced Sales price 2,000 units $ 25 per unit Direct materials $1 per unit Direct labor $2 per unit Variable overhead $ 3 per unit $ 8,000 in total Fixed overhead What is Green and White's contribution margin for this month if 980 units were sold? O $21,560 O $38,000 O 50,000 O $24,500 O $18,620
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