A company manufactured and sold 1000 units during November. Selected data for this month follow: Sales 100,000$ Direct material used 21000 Direct labor 16000 Variable manufacturing overhead 13000 Fixed manufacturing overhead 14000 Variable selling and administrative expenses ? Fixed selling and administrative expenses ? Contribution margin 40,000 Operating income 22,000 Required: 1- What were the variable selling and administrative expenses

Sep 8, 2023

A company manufactured and sold 1000 units during November. Selected data for this month follow: 
Sales 100,000$ 
Direct material used 21000 
Direct labor 16000
 Variable manufacturing overhead 13000 
Fixed manufacturing overhead 14000 
Variable selling and administrative expenses ? 
Fixed selling and administrative expenses ? 
Contribution margin 40,000 
Operating income 22,000 
Required: 
1- What were the variable selling and administrative expenses for November? 
2- What were the fixed selling and administrative expenses for November? 
3- What was the cost of goods sold during November? 
4- Assume that the fixed selling and administrative expenses for November amounted to $4000. 
a- What was the breakeven point in units for November?
b- How many units must be sold to earn a target operating income of $12000?

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A company manufactured and sold 1000 units during November. Selected data for this month follow: Sales 100,000$ Direct material used 21000 Direct labor 16000 Variable manufacturing overhead 13000 Fixed manufacturing overhead 14000 Variable selling and administrative expenses ? Fixed selling and administrative expenses ? Contribution margin 40,000 Operating income 22,000 Required: 1- What were the variable selling and administrative expenses
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