Naylor Manufacturing Inc. sold 8,500 units and recorded sales of $595,000 for the first month of...
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Naylor Manufacturing Inc. sold 8,500 units and recorded sales of $595,000 for the first month of 2020. In making the sales, the company incurred the following costs and expenses. Variable Fixed Cost of goods sold $305,000 $68,200 Selling expenses 41,100 27,300 Administrative expenses 10,900 39,800 NAYLOR MANUFACTURING INC. CVP Income Statement Total Per Unit $ > > > Galculate the contribution margin per unit. Gontribution margin 2$ per unit Galculate the contribution margin ratio. Gontribution margin ratio % Naylor Manufacturing Inc. sold 8,500 units and recorded sales of $595,000 for the first month of 2020. In making the sales, the company incurred the following costs and expenses. Variable Fixed Cost of goods sold $305,000 $68,200 Selling expenses 41,100 27,300 Administrative expenses 10,900 39,800 NAYLOR MANUFACTURING INC. CVP Income Statement Total Per Unit $ > > > Galculate the contribution margin per unit. Gontribution margin 2$ per unit Galculate the contribution margin ratio. Gontribution margin ratio %
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Answer o CVP income atement for fhe month ended Jan 310020 Particular Total ... View the full answer
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Managerial Accounting Tools for business decision making
ISBN: 978-0470477144
5th edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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