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jkim3464 jkim3464
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A year ago

Krepps Corporation produces a single product. Last year, Krepps manufactured 26,030 units and sold 20,700 units. Production costs for the year were as follows:

Direct materials$192,622
Direct labor$143,165
Variable manufacturing overhead$210,843
Fixed manufacturing overhead$494,570

Sales totaled $983,250 for the year, variable selling and administrative expenses totaled $120,060, and fixed selling and administrative expenses totaled $161,386. There was no beginning inventory. Assume that direct labor is a variable cost.

The contribution margin per unit was:



▸ $21.80 per unit

▸ $20.70 per unit

▸ $26.50 per unit

▸ $16.20 per unit
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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k9kulpritk9kulprit
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