Top Posters
Since Sunday
p
4
h
4
c
4
d
3
3
c
3
t
3
u
3
A
3
B
3
j
3
s
3
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
bernie2981 bernie2981
wrote...
Go to Answer
Posts: 3810
Rep: 26 0
8 years ago
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
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
Read 263 times
1 Reply
Replies
Answer verified by a subject expert
nucleinuclei
wrote...
#1
Top Poster
Posts: 2158
Rep: 418 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

bernie2981 Author
wrote...

8 years ago
Thanks
jcarter
wrote...

Yesterday
Thank you, thank you, thank you!
Danivalda
wrote...

2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1068 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 1240
  
 275
  
 294
Your Opinion
Which of the following is the best resource to supplement your studies:
Votes: 300
Previous poll results: Where do you get your textbooks?