Andrews corp. ended the year carrying $30,037,000 worth of inventory. answerhad they sold their entire inventory at their current prices, how many more dollars of contribution margin would it have brought to andrews corp.?
Answers
Answered by
16
Andrews corp. ended the year carrying $30,037,000 worth of inventory. answerhad they sold their entire inventory at their current prices, how many more dollars of contribution margin would it have brought to andrews corp
Answered by
0
It is difficult to answer this question as only minimal information is provided. However it shall be an amount if $30,314,000. For complete analysis we neet to know the current prices and various other variable costs. The contribution margin is the Sale Price (SP) minus the Variable Cost (VC). It is the number of sales per unit that will be available to service fixed expenses and to generate the profit.Hence to determine a more detailed answers more inputs are needed.
Similar questions