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Home Q & A Board Other Fields Homework Help Business Accounting
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j22 j22
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A year ago

Ing Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

Selling price$ 159
Units in beginning inventory0
Units produced7,800
Units sold7,700
Units in ending inventory100

Variable costs per unit:
Direct materials$ 47
Direct labor$ 50
Variable manufacturing overhead$ 2
Variable selling and administrative expense$ 9
Fixed costs:
Fixed manufacturing overhead$304,200
Fixed selling and administrative expense$ 84,700

What is the net operating income for the month under variable costing?



▸ $3,800

▸ $(6,100)

▸ $3,900

▸ $7,700
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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twnklstrtwnklstr
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A year ago
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Just got PERFECT on my quiz
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this is exactly what I needed
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