Quiz 5 Solution - Problem 2 Sales $700,000 Var. Selling...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Chapter 5 Quiz Solution Problem 1 Shipping Expense Pounds Cost High 19000 $40,000 Low 16000 34,000 Change 3000 $6,000 Variable Cost $2 per pound Fixed Cost $2,000 Total Cost $2000+$2(pound) Answer $38,000
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Problem 2 Sales $700,000 Var. Selling Exppense $70,000 Cost of Goods Sold 320,000 Var. Adm. Expense 30,000 Total Variable Expense 420,000 Contribution Margin $280,000...
View Full Document

This note was uploaded on 04/28/2008 for the course ACG 203 taught by Professor Appleton during the Spring '08 term at University of North Carolina Wilmington.

Ask a homework question - tutors are online