Assume a company has variable manufacturing costs of $20 per unit and total fixed manufacturing overhead per period is $150,000. In its first year of the operations, the company produced 12.500 units and sold 10,300 units and reported absorption costing net operating income of $38,000. What is the company's variable costing net operating income in its first year of operations? Multiple Choice O $27,600 $47600 $21600 $11,600
Assume a company has variable manufacturing costs of $20 per unit and total fixed manufacturing overhead per period is $150,000. In its first year of the operations, the company produced 12.500 units and sold 10,300 units and reported absorption costing net operating income of $38,000. What is the company's variable costing net operating income in its first year of operations? Multiple Choice O $27,600 $47600 $21600 $11,600
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Assume a company has variable manufacturing costs of $20 per unit and total fixed manufacturing overhead per period is $150,000. In its first year of the
operations, the company produced 12.500 units and sold 10,300 units and reported absorption costing net operating income of $38,000. What is the company's
variable costing net operating income in its first year of operations?
Multiple Choice
$27,600
$47,600
$21,600
$11,600](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fdc4fb8b4-6ecf-4aae-9ea8-b92d2c07bdf5%2Fff2cc935-ca91-4d27-9176-742bf0392bb7%2Fsbmkw3si_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Assume a company has variable manufacturing costs of $20 per unit and total fixed manufacturing overhead per period is $150,000. In its first year of the
operations, the company produced 12.500 units and sold 10,300 units and reported absorption costing net operating income of $38,000. What is the company's
variable costing net operating income in its first year of operations?
Multiple Choice
$27,600
$47,600
$21,600
$11,600
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