Short-term Contribution Margin (STCM) has been calculated to be $70,000.Overhead allocation is estimated for one week as follows: General expenses are $40,000;used general expenses are $30,000;unused general expenses constitute the remainder of $10,000.Working in units of ten thousands,GE = $4,with UGE = $3,and UNGE = $1.What is the operating profit?

Question

Quizplus · Accepted Answer

The Answer of Short-term Contribution Margin (STCM) has been calculated to be $70,000.Overhead allocation is estimated for one week as follows: General expenses are $40,000;used general expenses are $30,000;unused general expenses constitute the remainder of $10,000.Working in units of ten thousands,GE = $4,with UGE = $3,and UNGE = $1.What is the operating profit?

Short-Term Contribution Margin (STCM) Has Been Calculated to Be $70,000