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1.) Tokless Inc. planned and manufactured 475,000 units of its single product in 2019, its first year of operations. Variable manufacturing costs were $65 per

1.)

Tokless Inc. planned and manufactured 475,000 units of its single product in 2019, its first year of operations. Variable manufacturing costs were $65 per unit of production. Planned and fixed manufacturing costs were $875,000. Marketing and administrative costs (all fixed) were $675,000 in 2019. Tokless Inc. sold 210,000 units of product in 2019 at $80 per unit.

Variable costing operating income for 2019 is calculated to be: (Do not round intermediate calculations. Round your final answers to whole dollar amounts.)

Multiple Choice

  • $1,600,000.

  • $1,925,000.

  • $2,088,600.

  • $2,335,000.

  • $2,825,000.

2).

Treble Inc. planned and manufactured 255,500 units of its single product in 2019, its first year of operations. Variable manufacturing costs were $41 per unit of production. Planned and actual fixed manufacturing costs were $611,000. Marketing and administrative costs (all fixed) were $305,500 in 2019. Treble Inc. sold 205,500 units of product in 2019 at $71 per unit. Full costing operating income for 2019 is calculated to be: (Do not round intermediate calculations. Round your final answers to whole dollar amounts.)

Multiple Choice

  • $4,113,000.

  • $4,319,000.

  • $5,248,500.

  • $5,368,069.

  • $5,450,000.

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