Hinge manufacturings cost of goods sold is 420000 variable


Hinge Manufacturing's cost of goods sold is $420,000 variable and $240,000 fixed. The company's selling and administrative expenses are $300,000 variable and $360,000 fixed. If the company's sales is $1,680,000, what is its contribution margin?

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Hinge manufacturings cost of goods sold is 420000 variable
Reference No:- TGS0787155

Now Priced at $10 (50% Discount)

Recommended (93%)

Rated (4.5/5)