Total selling and administrative expenses (a) $18,000 commissions (b) $6,000 fixed selling and administrative expense (a) (b) $12,000 ‒ fixed manufacturing overhead 35,000 fixed cost $47,000 7. The total contribution margin is calculated as follows: Sales (a) $120,000 Variable costs (b) $43,500 Contribution margin (a) (b) $76,500 ‒
Total selling and administrative expenses (a) $18,000 commissions (b) $6,000 fixed selling and administrative expense (a) ‒ (b) $12,000 fixed manufacturing overhead 35,000 fixed cost $47,000 7. The total contribution margin is calculated as follows: Sales (a) $120,000 Variable costs (b) $43,500 Contribution margin (a) ‒ (b) $76,500
Solution-Manual-for-Managerial-Accounting-16th-Edition-By-Garrison.docx