​Bethel, Inc. has collected the following data.​ (There are no beginning​ inventories.)   Units produced 550 units Sales price $130 per unit Direct materials $17 per unit Direct labor $10 per unit Variable manufacturing overhead $6 per unit Fixed manufacturing overhead $17,500 per year Variable selling and administrative costs $7 per unit Fixed selling and administrative costs $13,700 per year   What is the operating income using variable costing if 450units are​ sold?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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​Bethel, Inc. has collected the following data.​ (There are no beginning​ inventories.)
 
Units produced
550
units
Sales price
$130
per unit
Direct materials
$17
per unit
Direct labor
$10
per unit
Variable manufacturing overhead
$6
per unit
Fixed manufacturing overhead
$17,500
per year
Variable selling and administrative costs
$7
per unit
Fixed selling and administrative costs
$13,700
per year
 
What is the operating income using variable costing if 450
units are​ sold?
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