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28 Sep 2019
Keyser Corporation, which has only one product, has provided thefollowing data concerning its most recent month of operations:
Selling price $ 133 Units in beginninginventory 950 Units produced 8,850 Units sold 8,950 Units in ending inventory 850
Variable costs per unit: Direct materials $ 29 Direct labor $ 46 Variable manufacturingoverhead $ 10 Variable selling andadministrative expense $ 20 Fixed costs: Fixed manufacturingoverhead $ 70,800 Fixed selling and administrativeexpense $ 164,200
The company produces the same number of units every month,although the sales in units vary from month to month. The company'svariable costs per unit and total fixed costs have been constantfrom month to month.
What is the net operating income for the month under variablecosting?
Keyser Corporation, which has only one product, has provided thefollowing data concerning its most recent month of operations:
Selling price | $ | 133 | |
Units in beginninginventory | 950 | ||
Units produced | 8,850 | ||
Units sold | 8,950 | ||
Units in ending inventory | 850 | ||
Variable costs per unit: | ||
Direct materials | $ | 29 |
Direct labor | $ | 46 |
Variable manufacturingoverhead | $ | 10 |
Variable selling andadministrative expense | $ | 20 |
Fixed costs: | ||
Fixed manufacturingoverhead | $ | 70,800 |
Fixed selling and administrativeexpense | $ | 164,200 |
The company produces the same number of units every month,although the sales in units vary from month to month. The company'svariable costs per unit and total fixed costs have been constantfrom month to month.
What is the net operating income for the month under variablecosting?
Keith LeannonLv2
28 Sep 2019
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