6 4 points 00:40:44 Skipped Assume the following information for a company that produced 10,000 units and sold 8,000 units during its first year of operations and produced 8,000 units and sold 10,000 units during its second year of operations: Per Year Selling price Direct materials Direct labor Variable manufacturing overhead Sales commission Fixed selling and administrative expense Fixed manufacturing overhead Using absorption costing, what is the net operating income for the second year of operations? Multiple Choice O $170,000 $190,000 $140,000 Per Unit $ 200 $ 69 $ 50 $ 12 $8 $160,000 $ 110,000 $ 300,000
6 4 points 00:40:44 Skipped Assume the following information for a company that produced 10,000 units and sold 8,000 units during its first year of operations and produced 8,000 units and sold 10,000 units during its second year of operations: Per Year Selling price Direct materials Direct labor Variable manufacturing overhead Sales commission Fixed selling and administrative expense Fixed manufacturing overhead Using absorption costing, what is the net operating income for the second year of operations? Multiple Choice O $170,000 $190,000 $140,000 Per Unit $ 200 $ 69 $ 50 $ 12 $8 $160,000 $ 110,000 $ 300,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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M2
Transcribed Image Text:6
4
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00:40:44
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Assume the following information for a company that produced 10,000 units and sold 8,000 units during its first
year of operations and produced 8,000 units and sold 10,000 units during its second year of operations:
Per Year
Selling price
Direct materials
Direct labor
Variable manufacturing overhead
Sales commission
Fixed selling and administrative expense
Fixed manufacturing overhead
Using absorption costing, what is the net operating income for the second year of operations?
Multiple Choice
O
$170,000
$190,000
$140,000
Per Unit
$ 200
$ 69
$ 50
$ 12
$8
$160,000
$ 110,000
$ 300,000
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