Cavalier Corporation Sold 26,000 Units of Its Product at a Price

question 12

Short Answer

Cavalier Corporation sold 26,000 units of its product at a price of $225 per unit.Total variable cost per unit is $188,consisting of $103 in variable production cost and $85 in variable selling and administrative cost.Compute the manufacturing margin for the company under variable costing.

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Definitions:

Amino Acids

Organic compounds that serve as the building blocks for proteins, essential to numerous processes in living organisms.

Triglycerides

A type of fat (lipid) found in your blood, made up of a glycerol molecule attached to three fatty acids, used by the body for energy or stored as fat.

Phospholipids

A class of lipids that are a major component of all cell membranes; they form bilayers that function as barriers to ions and molecules.

Macromolecule

Large molecules necessary for life, including proteins, nucleic acids, carbohydrates, and lipids.