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Oregon Company Provided the Following Information Regarding Its Only Product--Ice

question 104

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Oregon Company provided the following information regarding its only product--ice skates.  Direct materials used $500,000 Direct labor 180,000 Fixed overhead 100,000 Fixed selling and administrative costs 150,000 Variable overhead 120,000 Variable selling and administrative 60,000 Selling unit price 75 Units produced and sold 10,000\begin{array} { l r } \text { Direct materials used } & \$ 500,000 \\\text { Direct labor } & 180,000 \\\text { Fixed overhead } & 100,000 \\\text { Fixed selling and administrative costs } & 150,000 \\\text { Variable overhead } & 120,000 \\\text { Variable selling and administrative } & 60,000 \\\text { Selling unit price } & 75 \\\\\text { Units produced and sold } & 10,000\end{array} _____ is the total manufacturing cost if the contribution approach is used.


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