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Other Fields Homework Help Accounting Topic started by: bernie2981 on Nov 14, 2015



Title: Neon Company manufactures widgets. The following data is related to sales and production of the widg
Post by: bernie2981 on Nov 14, 2015
Neon Company manufactures widgets. The following data is related to sales and production of the widgets for last year.

Selling price per unit   $130.00
Variable manufacturing costs per unit   $62.00
Variable selling and administrative expenses per unit   $5.00
Fixed manufacturing overhead (in total)   $30,000
Fixed selling and administrative expenses (in total)   $8,000
Units produced during the year   1,500
Units sold during year   1,100

Using absorption costing, what is operating income for last year?
A) $66,300
B) $39,300
C) $219,700
D) $143,000


Title: Re: Neon Company manufactures widgets. The following data is related to sales and production of the
Post by: nuclei on Nov 15, 2015
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