Top Posters
Since Sunday
5
o
5
4
m
4
b
4
x
4
a
4
l
4
t
4
S
4
m
3
s
3
New Topic  
ashly138 ashly138
wrote...
Posts: 686
Rep: 6 0
6 years ago
The following information pertains to XYZ Corporation:

Beginning fixed manufacturing overhead in inventory   $50,000
Ending fixed manufacturing overhead in inventory   $30,000
Beginning variable manufacturing overhead in inventory   $20,000
Ending variable manufacturing overhead in inventory   $9,500
Selling price per unit   $41
Standard fixed manufacturing costs per unit   $20
Variable selling and administrative cost per unit   $4
Fixed selling and administrative costs   $16,000
Units produced   10,000
Units sold   9,600

What is the difference between absorption costing operating income and variable costing operating income?
A) $11,500
B) $20,000
C) $10,000
D) $10,500
E) $9,500
Textbook 
Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
Authors:
Read 94 times
1 Reply
Love this site! Slight Smile
Replies
Answer verified by a subject expert
AllopaAllopa
wrote...
Top Poster
Posts: 683
Rep: 7 0
6 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

ashly138 Author
wrote...

6 years ago
Just got PERFECT on my quiz
wrote...

Yesterday
Smart ... Thanks!
wrote...

2 hours ago
This helped my grade so much Perfect
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  889 People Browsing
 106 Signed Up Today
Related Images
  
 706
  
 285
  
 292