Accounting practice problem: What are the variable selling & administrative expenses for a given month?
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sold 1000 units per month
sales = 100000
direct material used = 21000
direct labor = 16000
variable manufacturing overhead = 13000
fixed manufacturing overhead = 14000
contribution margin= 40000
operating income = 22000
1.What are the variable selling & administrative expenses for a given month
2. what is fixed selling exp for one month
3. what is cost of goods sold for one month
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The expert examines variable selling and administrative expenses for a given month.
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1.What are the variable selling & administrative expenses for a given month
variable cost = sales - contribution margin = 100000 - 40000 ...
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