27. Compute MDR Seules operating income under absorption costing for October 2019. (=$715,000)

28. Compute MDR Seules operating income under variable costing for October 2019. (=$655,000)

29. Compute MDR Seules finished goods inventory under variable costing for October 2019. (=$165,000)

Questions 27 29 MDR Seule produced 14,000 televisions and sold 12,500 televisions in October 2019. At October 1, 2019, there was no beginning inventories. The sales price was $250 and unit variable costs were $140 ($110 manufacturing and $30 selling and administrative). Total fixed costs were $720,000 ($560,000 manufacturing overhead and $160,000 selling and administrative)