Question: Direct materials $15 Direct labor $15 Variable manufacturing overhead $3 Fixed manufacturing overhead $25 Variable selling and administrative $7 Fixed selling and administrative 300,000 Units

Direct materials $15 Direct labor $15 Variable manufacturing overhead $3 Fixed manufacturing overhead $25 Variable selling and administrative $7 Fixed selling and administrative 300,000 Units produced 27,000 Units sold 19,000 Fill in the blanks with appropriate numerical answers. Do not use commas and currency signs.

Contribution Margin Blank 1?

Gross Profit Blank 2 ?

Net operating income under variable costing Blank 3 ?

Net operating income under absorption costing Blank 4 ?

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