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maportil maportil
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A year ago

Krepps Corporation produces a single product. Last year, Krepps manufactured 20,000 units and sold 15,000 units. Production costs for the year were as follows:

Direct materials$170,000
Direct labor$110,000
Variable manufacturing overhead$200,000
Fixed manufacturing overhead$240,000

Sales totaled $825,000 for the year, variable selling and administrative expenses totaled $108,000, and fixed selling and administrative expenses totaled $165,000. There was no beginning inventory. Assume that direct labor is a variable cost.

The contribution margin per unit was:



▸ $23.80 per unit

▸ $31.00 per unit

▸ $25.60 per unit

▸ $19.00 per unit
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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jp50jp50
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