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A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price Units in

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A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price Units in beginning inventory Units produced Units sold Units in ending inventory 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 $ 134 0 7,600 7,300 300 $49 $52 w $6 $11 $ 68,400 $ 36,500 What is the net operating income for the month under absorption costing? $(20,200) $11,900 $14,600 $2,700 Previous Page Next Page Page 5 of 11

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