Solve it in short answer Financial Account. - Craft Company produces a single product. Last year,the company had a net operating income of $100,000 using absorptioncosting and $84,000 using variable costing. The fixed manufacturingoverhead cost was $10 per unit. There were no beginning inventories. If24,800 units were produced last year, then sales last year were:a. 8,800 unitsb. 26,400 unitsc. 23,200 unitsd. 40,800 units

To determine the sales last year, we need to reconcile the difference between absorption costing and…

Answered: Financial Account. - Craft Company…

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter3: Cost Behavior

Section: Chapter Questions

Problem 26E: Starling Co. manufactures one product with a selling price of 18 and variable cost of 12. Starlings...

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