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The company does not have any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, the company produced 49,000 units and sold 45,000 units. The company's only product is sold for $233 per unit. The net operating income for the year under super-variable costing is:

The company does not have any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, the company produced 49,000 units and sold 45,000 units. The company's only product is sold for $233 per unit. The net operating income for the year under super-variable costing is:

FINANCIAL ACCOUNTING
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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Multiple Choice $691,000 $315,000 $735,000 $1,035,000
Transcribed Image Text:Multiple Choice $691,000 $315,000 $735,000 $1,035,000
Tremble Corporation manufactures and sells one product. The following information pertains to the company's first year of operations: Variable costs per unit: Direct materials $ 94 Fixed costs per year: $ 539,000 $ 3,675,000 $ 1,350,000 Direct labor Fixed manufacturing overhead Fixed selling and administrative expenses The company does not have any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, the company produced 49,000 units and sold 45,000 units. The company's only product is sold for $233 per unit. The net operating income for the year under super-variable costing is:
Transcribed Image Text:Tremble Corporation manufactures and sells one product. The following information pertains to the company's first year of operations: Variable costs per unit: Direct materials $ 94 Fixed costs per year: $ 539,000 $ 3,675,000 $ 1,350,000 Direct labor Fixed manufacturing overhead Fixed selling and administrative expenses The company does not have any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, the company produced 49,000 units and sold 45,000 units. The company's only product is sold for $233 per unit. The net operating income for the year under super-variable costing is:
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