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ASAP plz :) XYZ Corporation has provided the following data for its two most recent years: Selling price per unit S 56 Variable manufacturing cost
ASAP plz :) XYZ Corporation has provided the following data for its two most recent years: Selling price per unit S 56 Variable manufacturing cost per unit produced: Direct materials $ 10 Direct labor $ 5 Variable manufacturing overhead S 3 Fixed manufacturing overhead per year $ 220,000 Variable selling and administrative expense per unit sold $ 6 Fixed selling and administrative expense per year $ 50,000 Year 1 Year 2 Units in beginning inventory 0 1,500 Units produced during the year 10,000 12.000 Units sold during the year 8,500 10,000 Units in ending inventory 1,500 3,500 The net operating income under absorption costing in Year 1 is closest to: Note: Your answer should be in the format of "S***" Round your calculations and final answer to the whole number. Use commas to separate thousands
ASAP plz :)
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