a) Calculate the COGS and COGM for a product based on the following data: Overhead surcharge...
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a) Calculate the COGS and COGM for a product based on the following data: Overhead surcharge material 6% 32% Overhead surcharge manufacturing Overhead surchrage admin Direct material costs Direct manufacturing personnel Direct manufacturing machines 12% 26.-- €/part 5.50 €/part 8.-- €/part b) For the same product, calculate the contribution margin in €/part based on a price of 53.-- €/part and the assumption that 50% of indirect costs for material and manufacturing are variable, while admin costs are 100% fixed. a) Calculate the COGS and COGM for a product based on the following data: Overhead surcharge material 6% 32% Overhead surcharge manufacturing Overhead surchrage admin Direct material costs Direct manufacturing personnel Direct manufacturing machines 12% 26.-- €/part 5.50 €/part 8.-- €/part b) For the same product, calculate the contribution margin in €/part based on a price of 53.-- €/part and the assumption that 50% of indirect costs for material and manufacturing are variable, while admin costs are 100% fixed.
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