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Abbott, Inc. has the following cost data for Product X, and unit product cost using variable costing when production is 2,000Direct materials 44 per unit Direct labor 48 per unit 18 per unit Variable manufacturing overhead Fixed manufacturing overhea2,000 units 2,500 units 5,000 units Direct materials 44 $ 44 $ 44 Direct labor 48 48 48 18 18 18 Variable manufacturing overhVariable costing a. b. C. Cost of Goods Sold - Direct Labor Direct Materials Fixed Manufacturing Overhead Net Sales Revenue VVariable costing a. b. C. Cost of Goods Sold Direct Labor Direct Materials Fixed Manufacturing Overhead Net Sales Revenue Var

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Answer #1
Variable costing a. b. c.
Net sales revenue (2000*179) 358000 358000 358000
cost of goods sold (2000*110) 220000 220000 220000
Contribution margin 138000 138000 138000
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