2.

Keyser Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 145 Units in beginning inventory Units produced Units sold Units in ending inventory 1,100 9,000 9,100 1,000 $ $ $ 32 49 13 Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $ 72,000 $ 165,100 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 variable costing? Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 156 0 Units in beginning inventory Units produced Units sold Units in ending inventory 9,500 9,100 400 $ $ $ 29 71 17 Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $ 142,500 $ 9,900 What is the net operating income (loss) for the month under variable costing? Hadley Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 179 Units in beginning inventory Units produced Units sold Units in ending inventory 100 1,250 1,010 340 Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $ $ $ $ 66 35 7 14 $16, 250 $ 22,220 What is the total period cost for the month under variable costing