The Heartlake Corporation manutactures and sells toy gyroscopes. The following data is related to sales...
50.1K
Verified Solution
Link Copied!
Question
Accounting
The Heartlake Corporation manutactures and sells toy gyroscopes. The following data is related to sales and production of the toy gyroscopes for last year, Selling price per unit $8.50 Variable manufacturing costs per unit $1.87 Variable selling and administrative expenses per unit $4.65 Fixed manufacturing overhead (In total) $80,000 Fixed selling and administrative expenses (in total) $80,000 Units produced during the year 500,000 Units sold during year 170,000 Uning variable costing, what is the contribution margin for last year? A $317,900 OB. $336,600 OC. $1,445,000 D. $2,553,400
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.