Question: A company uses the weighted average inventory method and had beginning inventor he consisting of 1 0 0 0 radios with the total value of

A company uses the weighted average inventory method and had beginning inventor he consisting of 1000 radios with the total value of $40,000. During the period it produced an additional 40,000 radios. The direct cost of direct materials directly bar and variable overhead was $1,280,000. The variable operating expenses were $597,000. During the period the company sold 37,000 radios for a total of $2,479,000. What is the companies contribution margin if the variable costing method is used to assign costs to products?

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