Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

QUIZ NA Queshon 17 Nol yet Walsh Corporation has provided the tollowing informat

ID: 2533962 • Letter: Q

Question

QUIZ NA Queshon 17 Nol yet Walsh Corporation has provided the tollowing information 9 10 Points out of 3 e - Prologue F Fog quesion 17 18 Cost Cost per o-Ch2&3 per Unit Period Direct matenals Direct labor Variable manufacturing overhead Fxed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $ 7.05 $ 350 1.65 ee-Ch 5 Finish atte EXAM1 ons Manual 11,000 $1.00 $ 0.40 $ 5,500 If the seling price is $18 70 per unit, the contribution margin per unit sold is closest to Select one 0 a $180 b S4.30 c. $5.10 ?d.$8,15 Quesion 18 walsh Corporation has provided the following data concerming last month's operations ??ao @?

Explanation / Answer

Sales per unit

$   18.70

Less: Variable cost per unit

Direct material

$ 7.05

Direct labor

$ 3.50

Variable manufacturing overhead

$ 1.65

Sales commission

$ 1.00

Variable administrative expense

$ 0.40

Total variable cost

$ 13.60

Unit contribution margin

$    5.10

Contribution margin per unit = Sales per unit – variable cost per unit

= $ 18.70 - $ 13.60 = $ 5.10

Hence option “c. $ 5.10” is correct answer.

Sales per unit

$   18.70

Less: Variable cost per unit

Direct material

$ 7.05

Direct labor

$ 3.50

Variable manufacturing overhead

$ 1.65

Sales commission

$ 1.00

Variable administrative expense

$ 0.40

Total variable cost

$ 13.60

Unit contribution margin

$    5.10