The total contribution margin for the month

Reference no: EM131016548

A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:

Selling price	$89

Units in beginning inventory	0
Units produced	4,300
Units sold	4,000
Units in ending inventory	300

Variable costs per unit:
Direct materials	$13
Direct labor	$35
Variable manufacturing overhead	$1
Variable selling and administrative	$10
Fixed costs:
Fixed manufacturing overhead	$77,400
Fixed selling and administrative	$24,000

The total contribution margin for the month under variable costing is:

$160,000

$42,600

$120,000

$88,000

Reference no: EM131016548

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