the sharma company provides you with the following miscellaneous date regarding operations in 20X9

Gross Profit $40,000
Net Profit 15,000
Sales 120,000
Direct Material USed 35,000
Direct Labor 25,000
Fixed manufacturing overhead 15,000
Fixed selling and administrative expenses 12,000


there are no begininnig or ending inventories
compute (a) variable selling and administrative expenses b) contribution margin in dollars, c) variable manugacturing voerhead, d) break-even point in sales dollars, and e) manufacturing cost of goods sold

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Originally Posted by vanita12

the sharma company provides you with the following miscellaneous date regarding operations in 20X9

Gross Profit $40,000
Net Profit 15,000
Sales 120,000
Direct Material USed 35,000
Direct Labor 25,000
Fixed manufacturing overhead 15,000
Fixed selling and administrative expenses 12,000


there are no begininnig or ending inventories
compute (a) variable selling and administrative expenses b) contribution margin in dollars, c) variable manugacturing voerhead, d) break-even point in sales dollars, and e) manufacturing cost of goods sold

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?? Seems to be some confusion in terms, there are small differences in certain figures where the unstated items might be inferred