The following costs result from the production and sale of 1,000 drum sets manufactured by tight drums company for the year ended december 31, 2019. the drum sets sell for $500 each. the company has a 25% income tax rate. variable production costs plastic for casing $ 17,000 wages of assembly workers 82,000 drum stands 26,000 variable selling costs sales commissions 15,000 fixed manufacturing costs taxes on factory 5,000 factory maintenance 10,000 factory machinery depreciation 40,000 fixed selling and administrative costs lease of equipment for sales staff 10,000 accounting staff salaries 35,000 administrative management salaries 125,000 required: 1. prepare a contribution margin income statement for the year. 2. compute its contribution margin per unit and its contribution margin ratio. 3. for each dollar of sales, how much is left to cover fixed costs and contribute to operating income?

What is the most important type of decision that the financial manager makes?

12. nelson corporation, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 115 units in beginning inventory 380 units produced 5,900 units sold 6,070 units in ending inventory 210 variable costs per unit: direct materials $ 46 direct labor $ 27 variable manufacturing overhead $ 3 variable selling and administrative $ 12 fixed costs: fixed manufacturing overhead $ 112,100 fixed selling and administrative $ 36,420 the company produces the same number of units every month, although the sales in units vary from month to month. the company's variable costs per unit and total fixed costs have been constant from month to month. a. prepare a contribution format income statement for the month using variable costing. unit product cost under variable costing direct materials direct labor variable manufacturing overhead variable costing unit product cost (formula)

The penalties for a first-time dui charge include revocation of drivers license a. 180 days b. ben 180 des and one year c. bence 90 and 180 d. one year