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Assume the Following Information for Green Bluff's #1 Product Line

question 57

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Assume the following information for Green Bluff's #1 Product Line:
 Sales $600,000 Variable manufacturing expenses 120,000 Direct fixed manufacturing expenses 75,000 Variable selling and administrative expenses 65,000 Direct fixed selling and administrative expenses 60,000\begin{array} { l r } \text { Sales } & \$ 600,000 \\\text { Variable manufacturing expenses } & 120,000 \\\text { Direct fixed manufacturing expenses } & 75,000 \\\text { Variable selling and administrative expenses } & 65,000 \\\text { Direct fixed selling and administrative expenses } & 60,000\end{array}
-Refer to the Figure.What is the contribution margin of the product line?


Definitions:

July

The seventh month of the year in the Gregorian calendar.

Produced Units

refer to the total number of units of product that have been completed within a given period.

Cost Formula

A mathematical equation used to predict the total cost of production or operations, incorporating both fixed and variable costs.

Total Cost

Encompasses all expenses associated with producing or acquiring goods and services, including direct, indirect, fixed, and variable costs.

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