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which it sells for $32 per unit. Information about costs, production, and sales for the month of March is provided below: Variable Costs Fixed Costs Direct materials $10.00/unit Manufacturing overhead $23,000 Direct labour $4.50/unit Selling and Administration $10,000 Variable manufacturing overhead $2.50/unit Units produced in period 6,000 Variable selling/administration $2.00/unit Units sold in period 6,000 Beginning inventory $0 What is the operating income for Alpha Company under an absorption costing system? a. $57,000 O b. $67,000 c. $45,000 O d. $40,000

which it sells for $32 per unit. Information about costs, production, and sales for the month of March is provided below: Variable Costs Fixed Costs Direct materials $10.00/unit Manufacturing overhead $23,000 Direct labour $4.50/unit Selling and Administration $10,000 Variable manufacturing overhead $2.50/unit Units produced in period 6,000 Variable selling/administration $2.00/unit Units sold in period 6,000 Beginning inventory $0 What is the operating income for Alpha Company under an absorption costing system? a. $57,000 O b. $67,000 c. $45,000 O d. $40,000

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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which it sells for $32 per unit. Information about costs, production, and sales for the month of March is provided below: Variable Costs Fixed Costs Direct materials $10.00/unit Manufacturing overhead $23,000 Direct labour $4.50/unit Selling and Administration $10,000 Variable manufacturing overhead $2.50/unit Units produced in period 6,000 Variable selling/administration $2.00/unit Units sold in period 6,000 Beginning inventory $0 What is the operating income for Alpha Company under an absorption costing system? a. $57,000 O b. $67,000 c. $45,000 O d. $40,000
Transcribed Image Text:which it sells for $32 per unit. Information about costs, production, and sales for the month of March is provided below: Variable Costs Fixed Costs Direct materials $10.00/unit Manufacturing overhead $23,000 Direct labour $4.50/unit Selling and Administration $10,000 Variable manufacturing overhead $2.50/unit Units produced in period 6,000 Variable selling/administration $2.00/unit Units sold in period 6,000 Beginning inventory $0 What is the operating income for Alpha Company under an absorption costing system? a. $57,000 O b. $67,000 c. $45,000 O d. $40,000
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