Zhender Inc. manufactures hair brushes that sell at wholesale for $2.60 per unit. Budgeted production in both 2018 and 2019 was 4,400 units. There was no beginning inventory in 2018. The following data summarized the 2018 and 2019 operations: 2018 2019 Units sold 3,200 4,600 Units produced 4,400 4,400 Costs: Variable factory overhead per unit $0.55 $0.65 Fixed Factory Overhead $1,980 $1,980 Variable Marketing per unit $0.75 $1.00 Fixed Selling and Administrative $650 $650 Full cost operating income for 2018 is calculated to be: (Do not round immediate calculations. Round final answers to whole dollar amounts)
Zhender Inc. manufactures hair brushes that sell at wholesale for $2.60 per unit. Budgeted production in both 2018 and 2019 was 4,400 units. There was no beginning inventory in 2018. The following data summarized the 2018 and 2019 operations: 2018 2019 Units sold 3,200 4,600 Units produced 4,400 4,400 Costs: Variable factory overhead per unit $0.55 $0.65 Fixed Factory Overhead $1,980 $1,980 Variable Marketing per unit $0.75 $1.00 Fixed Selling and Administrative $650 $650 Full cost operating income for 2018 is calculated to be: (Do not round immediate calculations. Round final answers to whole dollar amounts)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Zhender Inc. manufactures hair brushes that sell at wholesale for $2.60 per unit. Budgeted production in both 2018 and 2019 was 4,400 units. There was no beginning inventory in 2018.
The following data summarized the 2018 and 2019 operations:
| 2018 | 2019 | |
| Units sold | 3,200 | 4,600 |
| Units produced | 4,400 | 4,400 |
| Costs: | ||
| Variable factory |
$0.55 | $0.65 |
| Fixed Factory Overhead | $1,980 | $1,980 |
| Variable Marketing per unit | $0.75 | $1.00 |
| Fixed Selling and Administrative | $650 | $650 |
Full cost operating income for 2018 is calculated to be: (Do not round immediate calculations. Round final answers to whole dollar amounts)
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