1-A company has the following cost data:

Fixed manufacturing costs $2,000

Fixed selling, general, and

administrative costs 1,000

Variable selling costs per unit sold 1

Variable manufacturing costs per unit 2

Beginning inventory in units 0

Production units 100

Sales units at $40 per unit : 90

Variable and absorption cost net incomes are?

• A. $320 variable, $520 absorption.
• B. $520 variable, $320 absorption.
• C. $530 variable, $330 absorption.
• D. $330 variable, $530 absorption.

2- is it correct the answer?

Safari File Edit View History Bookmarks Window Help 80% [4]. A Mon Nov 16 8:34 PM Q E . .. E gleim.com Apple iCloud Yahoo Google Bing Facebook V Wikipedia Twitter Linkedin The Weather Channel Help Yelp TripAdvisor Netflix YouTube Gleim Assessment Quiz 1190-B-M-A-J-O-C(3101).doc Fact Pattern: The vice president for Sales of Huber Corporation has received the income statement for November. The statement has been prepared on the variable costing basis and is reproduced below. The firm has just adopted a variable costing system for internal reporting purposes. The controller attached the following notes to the statements: The unit sales price for November averaged $24. The standard unit manufacturing costs for the month were Variable cost $12 Fixed OH cost Total cost $16 The unit rate for fixed manufacturing costs is a predetermined rate based upon a normal monthly production of 150,000 units. Production for November was 45,000 units in excess of sales. The inventory at November 30 consisted of 80,000 units. Huber Corporation Income Statement For the Month of November ($000 omitted Sales $ 2,400 Minus Variable standard COGS (1,200) Manufacturing margin $ 1,200 Minus: Fixed manufacturing costs at budget $600 Fixed manufacturing cost budget variance 0 (600) Gross margin $ 600 Minus: Fixed selling and administrative costs (400) Net income before taxes $ 200 What is the actual unit fixed cost for units produced in November? O A. $3.87 O B. $4.14 O C. $4.46 OD. $4.00 46 16