In 2018, Apollo Gear Inc.'s income under absorption costing was $18,000 higher than its income under variable costing. During the year, the company produced 25,000 units. If total variable production costs were $100,000 and fixed manufacturing overhead was $60,000, how many units did the company sell in 2018?
In 2018, Apollo Gear Inc.'s income under absorption costing was $18,000 higher than its income under variable costing. During the year, the company produced 25,000 units. If total variable production costs were $100,000 and fixed manufacturing overhead was $60,000, how many units did the company sell in 2018?
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter10: Cost Analysis For Management Decision Making
Section: Chapter Questions
Problem 8E: The sales price per unit is 13 for the Voyageur Companys only product. The variable cost per unit is...
Related questions
Question
100%
How many units did the company sell in 2018 on this general accounting question?

Transcribed Image Text:In 2018, Apollo Gear Inc.'s income under absorption costing was $18,000 higher
than its income under variable costing. During the year, the company produced
25,000 units. If total variable production costs were $100,000 and fixed
manufacturing overhead was $60,000, how many units did the company sell in
2018?
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps

Recommended textbooks for you

Principles of Cost Accounting
Accounting
ISBN:
9781305087408
Author:
Edward J. Vanderbeck, Maria R. Mitchell
Publisher:
Cengage Learning
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College

Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning

Principles of Cost Accounting
Accounting
ISBN:
9781305087408
Author:
Edward J. Vanderbeck, Maria R. Mitchell
Publisher:
Cengage Learning
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College

Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning