Question: Marlinski had the following data (in thousands) for a given period. Assume there are no inventories. Direct labour ...................................................................$170 Direct materials .................................................................210 Variable factory overhead
Marlinski had the following data (in thousands) for a given period. Assume there are no inventories.
Direct labour ...................................................................$170
Direct materials .................................................................210
Variable factory overhead ...............................................110
Contribution margin .........................................................200
Fixed selling and administrative expenses ....................100
Operating income ...............................................................10
Sales .....................................................................................970
Compute (1) the variable manufacturing cost of goods sold, (2) the variable selling and administrative expenses, and (3) the fixed factory overhead.
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