1 Indiana Corporation began its operations on January 1, and produces a single product that sells for $9 00 per unit Indiana uses an actual (historical) cost system 100,000 units were produced and 90,000 units were sold in the year There was no work in process inventory at December 31 Manufacturing, marketing, and administrative costs for the year were as follows Type of Costs Fixed costs Variable costs Raw materials $1 75 per unit produced Direct labor 1 25 per unit produced Factory overhead $100,000 50 per unit produced Selling and administrative 70,000 60 per unit sold The cost driver for manufacturing costs is units produced, and the cost driver for non manufacturing costs is units sold Indian s operating income using vaiable costing is a $181,000 b $271,000 c $281,000 d $371,000 1 Indiana Corporation began its operations on January 1, and produces a single product that sells for $9 00 per unit Indiana uses an actual (historical) cost system 100,000 units were produced and 90,000 units were sold in the year There was no work in process inventory at December 31 Manufacturing, marketing, and administrative costs for the year were as follows Type of Costs Raw materials Direct labor Factory overhead Selling and administrative Fixed costs Variable costs $1 75 per unit produced 1 25 per unit produced $100,000 50 per unit produced 70,000 60 per unit sold The cost driver for manufacturing costs is units produced, and the cost driver for non manufacturing costs is units sold Indian's operating income using vaiable costing is a $181,000 b $271,000 c $281,000 d $371,000

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1. Indiana Corporation began its operations on January 1, and produces a single product that sells for $9.00 per unit. Indiana uses an actual (historical)

1. Indiana Corporation began its operations on January 1, and produces a single product that sells for $9.00 per unit. Indiana uses an actual (historical) cost system. 100,000 units were produced and 90,000 units were sold in the year. There was no work-in-process inventory at December 31. Manufacturing, marketing, and administrative costs for the year were as follows: Type of Costs Fixed costs Variable costs Raw materials $1.75 per unit produced Direct labor 1.25 per unit produced Factory overhead $100,000 .50 per unit produced Selling and administrative 70,000 .60 per unit sold The cost driver for manufacturing costs is units produced, and the cost driver for non manufacturing costs is units sold. Indian?s operating income using vaiable costing is? a. $181,000 b. $271,000 c. $281,000 d. $371,000 image text in transcribed

1. Indiana Corporation began its operations on January 1, and produces a single product that sells for $9.00 per unit. Indiana uses an actual (historical) cost system. 100,000 units were produced and 90,000 units were sold in the year. There was no work-in-process inventory at December 31. Manufacturing, marketing, and administrative costs for the year were as follows: Type of Costs Raw materials Direct labor Factory overhead Selling and administrative Fixed costs Variable costs $1.75 per unit produced 1.25 per unit produced $100,000 .50 per unit produced 70,000 .60 per unit sold The cost driver for manufacturing costs is units produced, and the cost driver for non manufacturing costs is units sold. Indian's operating income using vaiable costing is? a. $181,000 b. $271,000 c. $281,000 d. $371,000