Duck Textiles Inc. produces and sells a decorative pillow for 98 per unit. In the first month of operation, 2,300 units were produced and 1,900 units were sold. Other information for the month includes:
| Variable manufacturing costs | 22 euro per unit |
| Variable marketing costs | 16 euro per unit |
| Fixed manufacturing costs | 15 euro per unit |
| Administrative expenses, all fixed | 21 euro per unit |
| Ending inventories: | |
| Direct materials | 0 |
| WIP | 0 |
| Finished goods | 500 units |
What is the contribution margin using variable costing?
Self-reflection is a key component of process improvement as both a project manager and a leader of technical teams. Look back on your journey and identify where you may have had your biggest setback and where you may have excelled. What recommendations can you provide to yourself for how to better handle similar situations in the future?
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