Time left 1 Company XYZ made total contribution margin of $500,000 and a net income of $120,000. The company also made a total gross margin of $390,000. Assume that the variable selling and...


Time left 1<br>Company XYZ made total contribution margin of $500,000 and a net income of<br>$120,000. The company also made a total gross margin of $390,000. Assume that the<br>variable selling and administrative expenses were $160,000, how much is the fixed<br>manufacturing cost ($)?<br>O a. 270,000<br>Ob. 110,000<br>O c. 380,000<br>O d. None of the given answers<br>O e.<br>270,000<br>A Company uses job order costing and has chosen direct labor hours to allocate its<br>manufacturing overhead. The company estimates that total direct labor hours to be<br>operated next year are 250,000 hours. The estimated variable overhead is $15 per hour<br>torminod orerhead rate<br>

Extracted text: Time left 1 Company XYZ made total contribution margin of $500,000 and a net income of $120,000. The company also made a total gross margin of $390,000. Assume that the variable selling and administrative expenses were $160,000, how much is the fixed manufacturing cost ($)? O a. 270,000 Ob. 110,000 O c. 380,000 O d. None of the given answers O e. 270,000 A Company uses job order costing and has chosen direct labor hours to allocate its manufacturing overhead. The company estimates that total direct labor hours to be operated next year are 250,000 hours. The estimated variable overhead is $15 per hour torminod orerhead rate

Jun 11, 2022
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