Question: 2) Contribution Margin DATA Fixed Costs Fixed Factory Overhead = $50,000 Fixed Selling overhead = $10,000 Variable Costs Variable Manufacturing costs = $10 Variable selling
2) Contribution Margin
- DATA
- Fixed Costs
- Fixed Factory Overhead = $50,000
- Fixed Selling overhead = $10,000
- Variable Costs
- Variable Manufacturing costs = $10
- Variable selling cost per unit = $4
- Cost Per Unit = $35
- Fixed Costs
- Calculate the CM
- Calculate the CM %
Note: the selling price is not given
How can we find the selling price by giving info
Step by Step Solution
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To calculate the contribution margin CM we need to first calculate the total variable costs and then ... View full answer
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