Top Posters
Since Sunday
2
A
2
g
1
New Topic  
bernie2981 bernie2981
wrote...
Posts: 3810
9 years ago
Bernard Corporation gathered the following information for the year just ended:

Fixed costs:   
Manufacturing   $120,000
Marketing   42,000
Administrative   22,000
Variable costs:   
Manufacturing   $80,000
Marketing   22,000
Administrative   38,000

During the year, Bernard produced and sold 50,000 units of product at a selling price of $9.00 per unit. There was no beginning inventory of product at the start of the year.

What is the contribution margin for the year?
A) $266,000
B) $450,000
C) $126,000
D) $310,000
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
Read 355 times
3 Replies
Replies
Answer verified by a subject expert
nucleinuclei
wrote...
Top Poster
Posts: 2158
9 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

bernie2981 Author
wrote...
9 years ago
Wow! Thank you
wrote...
5 years ago
Aray wow
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  2064 People Browsing
Related Images
  
 15763
  
 793
  
 5024
Your Opinion
Which 'study break' activity do you find most distracting?
Votes: 861