Barnes Company reports the following for its product for its first year of operations. Direct materials...
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Barnes Company reports the following for its product for its first year of operations. Direct materials Direct labor Variable overhead Fixed overhead $ 36 per unit $ 26 per unit $ 12 per unit $ 54,000 per year $ 2 per unit $ 21,000 per year Variable selling and administrative expenses Fixed selling and administrative expenses The company sells its product for $160 per unit. Compute contribution margin using variable costim company (a) produces ånd sells 2,000 units and (b) produces 2,700 units and sells 2,000 units. (a) 2,000 Units Produced and (b) 2,700 Units Produced and 2,000 Units Sold Contribution margin using variable costing 2,000 Units Sold Variable expenses Contribution margin Barnes Company reports the following for its product for its first year of operations. Direct materials Direct labor Variable overhead Fixed overhead $ 36 per unit $ 26 per unit $ 12 per unit $ 54,000 per year $ 2 per unit $ 21,000 per year Variable selling and administrative expenses Fixed selling and administrative expenses The company sells its product for $160 per unit. Compute contribution margin using variable costim company (a) produces ånd sells 2,000 units and (b) produces 2,700 units and sells 2,000 units. (a) 2,000 Units Produced and (b) 2,700 Units Produced and 2,000 Units Sold Contribution margin using variable costing 2,000 Units Sold Variable expenses Contribution margin
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Working notes Direct materials Direct labor Variable manufacturing overhead Product cost per u... View the full answer
Related Book For
Introduction to Managerial Accounting
ISBN: 978-0078025792
7th edition
Authors: Peter Brewer, Ray Garrison, Eric Noreen
Posted Date:
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