Question

Kyu Lee Corporation provides you with the following miscellaneous data regarding operations for 20X0 (in thousands of South Korean won, W):
Break-even point in sales .... W 84,000
Direct material used ....... 29,000
Gross profit ........... 20,000
Contribution margin ....... 25,000
Direct labor ........... 30,000
Sales ............. 100,000
Variable manufacturing overhead . 5,000

There are no beginning or ending inventories.
Compute
(a) The fixed manufacturing overhead,
(b) Variable selling and administrative expenses, and
(c) Fixed selling and administrative expenses.



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  • CreatedNovember 19, 2014
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