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Anders Supply Experienced the Following Costs in May During May, the Company Manufactured 22,000 Units and Sold 24,000

question 104

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Anders Supply experienced the following costs in May:  Direct materials $6.50 per unit  Direct labor $2.20 per unit  Manufacturing overhead costs  Variable $3.10 per unit  Fixed $44,000 Selling & administrative costs  Variable selling costs $1.50 per unit  Fixed selling costs $21,000 Fixed administrative costs $16,000\begin{array}{lr}\text { Direct materials } & \$ 6.50 \text { per unit } \\\text { Direct labor } & \$ 2.20 \text { per unit } \\\text { Manufacturing overhead costs } & \\\quad \text { Variable } & \$ 3.10 \text { per unit } \\\quad \text { Fixed } & \$ 44,000 \\\text { Selling \& administrative costs } & \\\quad \text { Variable selling costs } & \$ 1.50 \text { per unit } \\\quad \text { Fixed selling costs } & \$ 21,000 \\\text { Fixed administrative costs } & \$ 16,000\end{array} During May, the company manufactured 22,000 units and sold 24,000 units.Beginning inventory totaled 3,400 units.If the average selling price per unit was $28, how much is the company's contribution margin?


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