MK Manufacturing produces custom cabinets. In 2023, fixed overhead was applied to products at the rate of $12 per unit. Variable cost per unit remained constant throughout the year. In October 2023, income under variable costing was $238,000. October's beginning and ending inventories were 22,400 and 16,800 units, respectively. a. Calculate income under absorption costing assuming no variances. b. Assume instead that the company's October beginning and ending inventories were 14,500 and 19,300 units, respectively. Calculate income under absorption costing.

eBay Office Supplies Inc. budgeted a production of 90,000 notebooks in 2024. Each notebook requires binding. Assume that 3 minutes are required to bind each notebook. If binding labor costs $18 per hour, determine the direct labor cost budget for 2024.

Need answer general accounting question