Purchase Solution

Absorption costing contribution margin income statement

Not what you're looking for?

Ask Custom Question

Robert's Corp., which began business at the start of the current year, had the following data: Planned and actual production: 40,000 units Sales: 37,0000 units at $ 15 per unit Production costs: Variable: $ 4 per unit Fixed: $ 260,000 Selling and administrative costs: Baria ble: $ 1 per unit Fixed: 4 32,000
1) What is the gross margin that the company would disclose on an absorption-costing income statement is ??
2) The contribution margin that the company would disclose on a variable-costing income statement is ??

Purchase this Solution

Solution Summary

The expert examines absorption costing contribution margin for an income statement.

Purchase this Solution


Free BrainMass Quizzes
Balance Sheet

The Fundamental Classified Balance Sheet. What to know to make it easy.

Managing the Older Worker

This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce

Change and Resistance within Organizations

This quiz intended to help students understand change and resistance in organizations

SWOT

This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.

Marketing Research and Forecasting

The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.