Bridgeport sells its product for $82 per unit. During 2025, it produced 120400 units and sold 105100 units. Costs per unit are: directmaterials $25, direct labor $9, variable overhead $4, and variable operating expenses $2. Fixed costs are $722400 manufacturingoverhead, and $77500 operating expenses. Assuming no variances were reported, no beginning inventory exists, and the companyuses absorption costing, what will be reported as operating income?O $3211200.○ $3706100.O $3421400.O $3601000.i

Detailed explanation:Using absorption costing, the product costs or cost of goods sold includes…

Answered: Bridgeport sells its product for $82…

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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