Acompany purchased factory equipment on april 1, 2007, for $48,000. it is estimated that the equipment will have a $6,000 salvage value at the end of its 10-year useful life. using the straight-line method of depreciation, the amount to be recorded as depreciation expense at december 31, 2007, isa. $4,800b. $4,200c. $3,150d. $3,600

Miller company’s total sales are $171,000. the company’s direct labor cost is $20,520, which represents 30% of its total conversion cost and 40% of its total prime cost. its total selling and administrative expense is $25,650 and its only variable selling and administrative expense is a sales commission of 5% of sales. the company maintains no beginning or ending inventories and its manufacturing overhead costs are entirely fixed costs. required: 1. what is the total manufacturing overhead cost? 2. what is the total direct materials cost? 3. what is the total manufacturing cost? 4. what is the total variable selling and administrative cost? 5. what is the total variable cost? 6. what is the total fixed cost? 7. what is the total contribution margin?