porter company has provided the following data for the second quarter of the most re 492505
Porter Company has provided the following data for the second quarter of the most recent year:
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porter company has provided the following data for the second quarter of the most re 492505
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|
Sales |
300,000 |
|
Fixed manufacturing overhead |
55,000 |
|
Direct labor |
72,500 |
|
Fixed selling expense |
46,250 |
|
Variable manufacturing overhead |
41,000 |
|
Variable administrative expense |
48,000 |
|
Fixed administrative expense |
44,500 |
|
Variable selling expense |
49,750 |
Assume that direct labor is a variable cost and that there were no beginning or ending inventories. What is the total contribution margin of Porter Company for the second quarter?
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