Question: Masa Ltd had the following data in millions of yen

Masa, Ltd., had the following data (in millions of yen) for a given period:
Sales ................ ¥990
Direct materials ............ 250
Direct labor ............... 140
Variable factory overhead .......... 65
Variable selling and administrative expenses . 115
Fixed factory overhead ........... 110
Fixed selling and administrative expenses ... 75
There were no beginning or ending inventories.
Compute the
(a) Variable manufacturing cost of goods sold,
(b) Contribution margin, and
(c) Operating income.




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  • CreatedNovember 19, 2014
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