Please help me Cap Incorporated manufactures ball point pens that sell at wholesale for $0.80 per unit. Budgeted production in both 2021 and 2022 was 16,500 units. There was no beginning inventoryin 2021. The following data summarized the 2021 and 2022 operations:Units soldUnits producedCosts:Variable factory overhead per unitFixed factory overheadVariable marketing per unitFixed Selling and Administrative202115,00016,500$ 0.15$ 3,300$ 0.30$ 320202215,50016,500$ 0.15$ 3,300$ 0.30$ 320Full costing operating income for 2022 is calculated to be: (Do not round intermediate calculations. Round your final answers to whole dollar amounts.)

The gross margin is calculated as the difference between the revenue and cost of goods sold. The net…

Cap Incorporated manufactures ball point pens that sell at wholesale for $0.80 per unit. Budgeted production in both 2021 and 2022 was 16,500 units. There was no beginning inventory in 2021. The following data summarized the 2021 and 2022 operations: Units sold Units produced Costs: 2021 15,000 16,500 $ 0.15 $ 3,300 $ 0.30 $ 320 2022 15,500 16,500 Variable factory overhead per unit Fixed factory overhead Variable marketing per unit. Fixed Selling and Administrative Full costing operating income for 2022 is calculated to be: (Do not round intermediate calculations. Round your final answers to whole dollar amounts.) $ 0.15 $ 3,300 $ 0.30 $ 320

Cap Incorporated manufactures ball point pens that sell at wholesale for $0.80 per unit. Budgeted production in both 2021 and 2022 was 16,500 units. There was no beginning inventory in 2021. The following data summarized the 2021 and 2022 operations: Units sold Units produced Costs: 2021 15,000 16,500 $ 0.15 $ 3,300 $ 0.30 $ 320 2022 15,500 16,500 Variable factory overhead per unit Fixed factory overhead Variable marketing per unit. Fixed Selling and Administrative Full costing operating income for 2022 is calculated to be: (Do not round intermediate calculations. Round your final answers to whole dollar amounts.) $ 0.15 $ 3,300 $ 0.30 $ 320

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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