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Harris Corporation Produces a Single Product

question 70

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Harris Corporation produces a single product.Last year,Harris manufactured 17,000 units and sold 13,000 units.Production costs for the year were as follows: Harris Corporation produces a single product.Last year,Harris manufactured 17,000 units and sold 13,000 units.Production costs for the year were as follows:   Sales were $780,000 for the year,variable selling and administrative expenses were $88,400,and fixed selling and administrative expenses were $170,000.There was no beginning inventory.Assume that direct labor is a variable cost. The contribution margin per unit was: A) $17.50 per unit B) $32.50 per unit C) $27.30 per unit D) $25.70 per unit Sales were $780,000 for the year,variable selling and administrative expenses were $88,400,and fixed selling and administrative expenses were $170,000.There was no beginning inventory.Assume that direct labor is a variable cost. The contribution margin per unit was:


Definitions:

Levator Scapulae

A skeletal muscle located at the back and side of the neck, responsible for elevating the scapula (shoulder blade).

Latissimus Dorsi

A broad muscle in the back that helps in movement of the arms and the torso.

Rhomboid Major

A skeletal muscle located in the upper back that connects the spine to the shoulder blades, responsible for retracting and rotating the scapula.

Trapezius

A large, triangular muscle extending over the back of the neck and shoulders, involved in moving, rotating, and stabilizing the scapula (shoulder blade) and extending the neck.

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