Chapter 2, Problem 2.2DMP

Bianca Electronics manufactures smartphones. For the last quarter, the company reported the following costs: direct materials $235,000, direct labor $320,000, variable manufacturing overhead $185,000, fixed manufacturing overhead $150,000, and selling and administrative expenses (all fixed) $210,000. If the company produced 20,000 units and sold 18,000 units during the quarter, what is the difference between the operating income under absorption costing and variable costing? Need help

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