Question: Oct 20 Variable Cost, Fixed Cost Contribution Margin Income Statement Instrument Amount Description Cost Calculations Contribution Margin Income Statement Instructions Hond-First Company plans to sell
Oct 20 Variable Cost, Fixed Cost Contribution Margin Income Statement Instrument Amount Description Cost Calculations Contribution Margin Income Statement Instructions Hond-First Company plans to sell 5,800 bicycle helmets at $07 each in the coming year. Product costs include: $ 29 11.00 Direct materials per helmet Direct labor per helmet Variable factory overhead per helmet Total fixed factory overhead 4.25 20,000 Variable noting expenso is a commission of $3.80 par heimot fixed selling and administro istrativo expense totals $29,900. Required: 1. Calculate the total variable cost per unit 2. Calculate the total fixed expertso for the year. 3. Procare a contribution maroin income statement for Head Filent Comoaniy for the coming your
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