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Question:49 Brush Industries reports the following information for May: Sales Fixed cost of goods sold Variable cost of goods sold Fixed selling and administrative costs Variable selling and administrative costs $ 9,50,000 1,10,000 2,60,000 1,10,000 1,35,000 Calculate the operating income for May under absorption costing? a. $690,000 b. $335,000 c. $555,000 d. $580,000

Question:49 Brush Industries reports the following information for May: Sales Fixed cost of goods sold Variable cost of goods sold Fixed selling and administrative costs Variable selling and administrative costs $ 9,50,000 1,10,000 2,60,000 1,10,000 1,35,000 Calculate the operating income for May under absorption costing? a. $690,000 b. $335,000 c. $555,000 d. $580,000

Managerial Accounting
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter13: Lean Manufacturing And Activity Analysis
Section: Chapter Questions
Problem 18E
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Question:49 Brush Industries reports the following information for May: Sales Fixed cost of goods sold Variable cost of goods sold Fixed selling and administrative costs Variable selling and administrative costs $ 9,50,000 1,10,000 2,60,000 1,10,000 1,35,000 Calculate the operating income for May under absorption costing? a. $690,000 b. $335,000 c. $555,000 d. $580,000
Transcribed Image Text:Question:49 Brush Industries reports the following information for May: Sales Fixed cost of goods sold Variable cost of goods sold Fixed selling and administrative costs Variable selling and administrative costs $ 9,50,000 1,10,000 2,60,000 1,10,000 1,35,000 Calculate the operating income for May under absorption costing? a. $690,000 b. $335,000 c. $555,000 d. $580,000
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