A business operated at 100% of capacity during its first month and incurred the following costs:Production costs (20,000 units):Direct materialsDirect laborVariable factory overheadFixed factory overheadOperating expenses:Variable operating expensesFixed operating expenses$178,400225,500259,700102,100a. $63,042Ob. $88,493Oc. $72,742Od. $320,361$121,20044,600$765,700165,800If 1,900 units remain unsold at the end of the month and sales total $1,189,000 for the month, the amount of operating incoreported on the variable costing income statement would be

Direct materials (a) $ 178,400 Direct labour (b) $ 225,500 Variable factory OH (…

A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (20,000 units): Direct materials Direct labor Variable factory overhead Fixed factory overhead Operating expenses: Variable operating expenses Fixed operating expenses a. $63,042 b. $88,493 Oc. $72,742 $178,400 225,500 259,700 102,100 d. $320,361 $121,200 44,600 165,800 If 1,900 units remain unsold at the end of the month and sales total $1,189,000 for the month, the amount of operating incc reported on the variable costing income statement would be $765,700

A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (20,000 units): Direct materials Direct labor Variable factory overhead Fixed factory overhead Operating expenses: Variable operating expenses Fixed operating expenses a. $63,042 b. $88,493 Oc. $72,742 $178,400 225,500 259,700 102,100 d. $320,361 $121,200 44,600 165,800 If 1,900 units remain unsold at the end of the month and sales total $1,189,000 for the month, the amount of operating incc reported on the variable costing income statement would be $765,700

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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