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Vilco Inc. Sales Revenue Variable Manufacturing Cost per Unit Total Fixed Manufacturing Cost Variable Selling & Admin Cost per Unit Sold Fixed Selling & Admin Cost $100,000 $2 $16,000 $1 $10,000

Vilco Inc. Sales Revenue Variable Manufacturing Cost per Unit Total Fixed Manufacturing Cost Variable Selling & Admin Cost per Unit Sold Fixed Selling & Admin Cost $100,000 $2 $16,000 $1 $10,000

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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Wilco Inc. compiles the following data for November: Sales Revenue Variable Manufacturing Cost per Unit Total Fixed Manufacturing Cost Variable Selling & Admin Cost per Unit Sold Fixed Selling & Admin Cost Number of Units Produced Number of Units Sold Variable will be higher by $8,000 By how much will Wilco's operating income differ between Absorption and Variable Costing? Variable will be higher by $16,000 Some other answer $100,000 $2 $16,000 Absorption will be higher by $16,000 Absorption will be higher by $8,000 $1 $10,000 4,000 2,000
Transcribed Image Text:Wilco Inc. compiles the following data for November: Sales Revenue Variable Manufacturing Cost per Unit Total Fixed Manufacturing Cost Variable Selling & Admin Cost per Unit Sold Fixed Selling & Admin Cost Number of Units Produced Number of Units Sold Variable will be higher by $8,000 By how much will Wilco's operating income differ between Absorption and Variable Costing? Variable will be higher by $16,000 Some other answer $100,000 $2 $16,000 Absorption will be higher by $16,000 Absorption will be higher by $8,000 $1 $10,000 4,000 2,000
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