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Question
Reliance Corporation sold 4,000 units of its product at a price of $15 per unit. Total variable cost per unit is $8.50, consisting of $7.75 in variable production cost and.75 in variable selling and administrative cost. Compute contribution margin for the company.A. $26,000
B. $34,000
C. $60,000
D. $31,000
E. $36,900
Answer
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Direct labor X X
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Variable manufacturing overhead
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Direct materials
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Match the following
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Given the Cool Pools Company data, what is net income using absorption costing?
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