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15 Kiefer Company, which has only one product, has provided the following data concerning its most recent month of operations: The company produces the same
15 Kiefer Company, which has only one product, has provided the following data concerning its most recent month of operations: The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total fixed costs have been constant from month to month. What is the net operating income for the month under absorption costing? Answer $11,600 $6,800 $29,200 $9,600 30 points Question 16 Eldrick Company, which has only one product, has provided the following data concerning its most recent month of operations: What is the net operating income for the month under absorption costing? Answer $17,600 $10,100 $15,000 $2,600 30 points Question 17 Ilford Company, which has only one product, has provided the following data concerning its most recent month of operations: What is the net operating income for the month under variable costing? Answer $1,200 $5,700 $6,900 $(18,000) 30 points Question 18 Dewiel Corporation manufactures a variety of products. The following data pertain to the company's operations over the last two years: What was the absorption costing net operating income last year? Answer $90,900 $96,900 $84,900 $92,100 30 points Question 19 Rosal Corporation manufactures a variety of products. Variable costing net operating income was $74,700 last year and was $82,300 this year. Last year, ending inventory increased by 2,600 units. This year, ending inventory decreased by 1,400 units. Fixed manufacturing overhead cost is $5 per unit. What was the absorption costing net operating income last year? Answer $61,700 $74,700 $80,700 $87,700 30 points Question 20 Kaighn Corporation has two divisions: the West Division and the East Division. The corporation's net operating income is $18,500. The West Division's divisional segment margin is $27,700 and the East Division's divisional segment margin is $49,400. What is the amount of the common fixed expense not traceable to the individual divisions? Answer $46,200 $67,900 $77,100 $58,600
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