Accounting 122 Group Project 2
Cascade Company estimated the following variable and fixed cost
for the only product it produces:
Variable Cost Per Unit
Fixed Cost
Direct Materials
$132.30
$ 0
Direct Labor
$115.30
$ 0
Factory Overhead
$24.50
$264,000
Sales Salaries and Commissions
$12.70
$245,000
Advertising
$0
$75,000
Travel
$0
$39,500
Misc. Selling Expenses
$6.70
$24,500
Office and Officer Salaries
$0
$220,000
Supplies
$6.30
$15,000
Misc. Administrative Expenses
$2.20
$17,000
Prepare an estimated Contribution Margin Income Statement for...