1 Chapter 6 Applying Excel Data (b) What is the net operating Income (loss) In Year 2 under absorption costing 5 Answer is complete but not entirely correct Net operating income $ 69,800 $ 141 Selling price per unit Manufacturing costs Variable per unit produced Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead per year Selling and administrative expenses Variable per unit sold Fixed per year 40 100,000 $ 11 12 13 $ 60,000 14 15 Year 1 Year 2 16 Units in beginning inventory 17 Units produced during the year 18 Units sold during the year 2 500 2 200 2 000 2,200

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1 Chapter 6  Applying Excel Data (b) What is the net operating Income (loss) In Year 2 under absorption costing  5 Answer is complete but not entirely correct  Net operating income $ 69,800 $ 141 Selling price per unit Manufacturing costs  Variable per unit produced Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead per year Selling and administrative expenses  Variable per unit sold Fixed per year 40 100,000 $ 11 12 13 $ 60,000 14 15 Year 1 Year 2 16 Units in beginning inventory 17 Units produced during the year 18 Units sold during the year 2 500 2 200 2 000 2,200

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1 Chapter 6: Applying Excel Data (b) What is the net operating Income (loss) In Year 2 under absorption costing? 5 Answer is complete but

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