Company manufactures widgets. The following data is related to sales and production of the widgets for last Selling price per unit Variable manufacturing costs per unit Variable selling and administrative expenses per unit Fixed manufacturing overhead (in total) Fixed selling and administrative expenses (in total) $120 $63 $5 OA $52,000 $63.000 $30,000 $7,000 1,800 1,000 Units produced during the year Units sold during year Using variable costing, what is the contribution margin for last year?

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Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.