What is the contribution margin using variable costing? $118625 $125, 125 $126, 425 $135, 625 Jean Peck's Furniture's manufactures tables for hospitality sector. It takes only bulk orders and each table is sold for negotiations. In the month of January, it manufactures 3000 tables and sells 2, 250 tables. Actual fixed costs are the same as the amount fixed costs budgeted for the month. The following information is provided for the month of January: At the end of the month Jean Peck's Furniture's has an ending inventory of finished goods of 750 units. The company also incurs a sales commission of $10 per unit. What is the gross margin when using absorption costing? $675,000 $527, 500 $270,000 $337, 500 reduces theoretical capacity for unavoidable operating interruptions. Practical capacity Theoretical capacity Mastyer-budget capacity utilization Normal capacity utilization John's 8-year-old Chevrolet Trail Blazer requires repairs estimated at $6,000 to make it roadworthy again. His wife, Sherry, suggested that he should buy a 5-year-old used Jeep Grand Cherokee instead for $6,000 cash Sherry estimated the following costs for the two cars: The cost NOT relevant for this decision is the