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Krepps Corporation Produces a Single Product

Question 363

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Krepps Corporation produces a single product. Last year, Krepps manufactured 32,210 units and sold 26,700 units. Production costs for the year were as follows: Krepps Corporation produces a single product. Last year, Krepps manufactured 32,210 units and sold 26,700 units. Production costs for the year were as follows:   Sales totaled $1,241,550 for the year, variable selling and administrative expenses totaled $138,840, and fixed selling and administrative expenses totaled $199,702. There was no beginning inventory. Assume that direct labor is a variable cost.The contribution margin per unit was: A)  $26.30 per unit B)  $21.10 per unit C)  $16.80 per unit D)  $22.80 per unit Sales totaled $1,241,550 for the year, variable selling and administrative expenses totaled $138,840, and fixed selling and administrative expenses totaled $199,702. There was no beginning inventory. Assume that direct labor is a variable cost.The contribution margin per unit was:


A) $26.30 per unit
B) $21.10 per unit
C) $16.80 per unit
D) $22.80 per unit

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