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jerico jerico
wrote...
Posts: 4603
Rep: 8 0
9 years ago
Arthur's Plumbing reported the following:

   Revenues   $4,500
   Variable manufacturing costs   $ 900
   Variable nonmanufacturing costs   $ 810
   Fixed manufacturing costs   $ 630
   Fixed nonmanufacturing costs   $ 545

Required:
a.   Compute contribution margin.
b.   Compute contribution margin percentage.
c.   Compute gross margin.
d.   Compute gross margin percentage.
e.   Compute operating income.
Textbook 
Cost Accounting

Cost Accounting


Edition: 14th
Authors:
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cyborgcyborg
wrote...
Top Poster
Posts: 4566
9 years ago
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jerico Author
wrote...
9 years ago
I can confidently say that it looks and sounds right lol Thank you Slight Smile Give this man a thumbs up.
wrote...
9 years ago
I'm happy to help you, how luck with the others, I noticed you've posted a lot of questions.
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