Diamond Company produces three products, J, M, and 2. The following information is available for Diamond...
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Diamond Company produces three products, J, M, and 2. The following information is available for Diamond Company's most recent month of operations: Diamond Company: Sales revenue Total fixed costs Contribution margin ratio ..... Product : Sales revenue Variable costs Traceable fixed costs **** Product M: Variable costs Traceable fixed costs Product Z: Sales revenue Traceable fixed costs $864,000 $320,000 44% $386,000 $202,000 $124,000 $ 75,000 $ 39,000 $291,000 $ 47,000 Calculate the variable costs for Product Z during the nost recent month. Diamond Company produces three products, J, M, and 2. The following information is available for Diamond Company's most recent month of operations: Diamond Company: Sales revenue Total fixed costs Contribution margin ratio ..... Product : Sales revenue Variable costs Traceable fixed costs **** Product M: Variable costs Traceable fixed costs Product Z: Sales revenue Traceable fixed costs $864,000 $320,000 44% $386,000 $202,000 $124,000 $ 75,000 $ 39,000 $291,000 $ 47,000 Calculate the variable costs for Product Z during the nost recent month.
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SOLUTION To calculate the variable costs for Product 2 we need to use the contribution margin ratio ... View the full answer
Related Book For
Business Analytics Methods Models and Decisions
ISBN: 978-0321997821
2nd edition
Authors: James R. Evans
Posted Date:
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