Wasilko Corporation produces and sells one product. a. The budgeted selling price per unit is $114. Budgeted unit sales for February is 9,900 units. p. Each unit of finished goods requires 6 pounds of raw materials. The raw materials cost $4.00 per pound. c. The direct labor wage rate is $24.00 per hour. Each unit of finished goods requires 2.4 direct labor-hours. d. Manufacturing overhead is entirely variable and is $9.00 per direct labor-hour. e. The variable selling and administrative expense per unit sold is $1.60. The fixed selling and administrative expense per month is $70,000. The estimated net operating income (loss) for February is closest to: Multiple Choice с $36,920 $91,080 $50,000 $21,080
Wasilko Corporation produces and sells one product. a. The budgeted selling price per unit is $114. Budgeted unit sales for February is 9,900 units. p. Each unit of finished goods requires 6 pounds of raw materials. The raw materials cost $4.00 per pound. c. The direct labor wage rate is $24.00 per hour. Each unit of finished goods requires 2.4 direct labor-hours. d. Manufacturing overhead is entirely variable and is $9.00 per direct labor-hour. e. The variable selling and administrative expense per unit sold is $1.60. The fixed selling and administrative expense per month is $70,000. The estimated net operating income (loss) for February is closest to: Multiple Choice с $36,920 $91,080 $50,000 $21,080
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![Wasilko Corporation produces and sells one product.
a. The budgeted selling price per unit is $114. Budgeted unit sales for February is 9,900 units.
b. Each unit of finished goods requires 6 pounds of raw materials. The raw materials cost $4.00 per pound.
c. The direct labor wage rate is $24.00 per hour. Each unit of finished goods requires 2.4 direct labor-hours.
d. Manufacturing overhead is entirely variable and is $9.00 per direct labor-hour.
e. The variable selling and administrative expense per unit sold is $1.60. The fixed selling and administrative expense per month is $70,000.
The estimated net operating income (loss) for February is closest to:
Multiple Choice
O
$36,920
$91,080
$50,000
$21,080](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F30da02c1-a4fa-44e5-8122-811dc4853c02%2F395b8973-4d1e-48bc-84f9-98fd145be8e6%2Fzsncsy6_processed.png&w=3840&q=75)
Transcribed Image Text:Wasilko Corporation produces and sells one product.
a. The budgeted selling price per unit is $114. Budgeted unit sales for February is 9,900 units.
b. Each unit of finished goods requires 6 pounds of raw materials. The raw materials cost $4.00 per pound.
c. The direct labor wage rate is $24.00 per hour. Each unit of finished goods requires 2.4 direct labor-hours.
d. Manufacturing overhead is entirely variable and is $9.00 per direct labor-hour.
e. The variable selling and administrative expense per unit sold is $1.60. The fixed selling and administrative expense per month is $70,000.
The estimated net operating income (loss) for February is closest to:
Multiple Choice
O
$36,920
$91,080
$50,000
$21,080
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