A. determine the contribution margin for the cake hand-held, Ask an Expert

Accounting

Hardin Company has the following information for July:

Sales $625,000
Variable cost of goods sold 325,000
Fixed manufacturing costs 56,250
Variable selling and administrative expenses 162,500
Fixed selling and administrative expenses 37,500

Determine the following for Hardin Company for the month of July:
a. Manufacturing margin

b. Contribution margin

c. Income from operations

____________________________________________________________
Contribution margin by segment

The following information is for Filimonov Industries, Inc.:
East West
Sales volume (units):
Sea 22,500 19,000
Cake 30,000 25,000

Sales price:
Sea $350 $330
Cake $364 $360
Variable cost per unit:
Sea $168 $168
Cake $180 $180

a. Determine the contribution margin for the Cake hand-held video games.

b. Determine the contribution margin for the West Region.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M962014

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