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11. Porter Company has provided the following data for the

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11. Porter Company has provided the following data for the second quarter of the most recent year:
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
Direct materials . . . . . . . . . . . . . . . . . . . . . . . . . 51,500
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?
Submitted: 6 years ago.
Category: Homework
Expert:  Neo replied 6 years ago.
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