Question
B MC Qu. 19-127 (Algo) Decker Industries reported the following... Decker Industries reported the following monthly data: Units produced 62,000 units Sales price $ 43
B MC Qu. 19-127 (Algo) Decker Industries reported the following...
Decker Industries reported the following monthly data:
Units produced | 62,000 | units |
---|---|---|
Sales price | $ 43 | per unit |
Direct materials | $ 2.50 | per unit |
Direct labor | $ 3.50 | per unit |
Variable overhead | $ 4.50 | per unit |
Fixed overhead | $ 235,000 | in total |
What is the company's contribution margin for this month if 60,000 units were sold?
Multiple Choice
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$2,015,000
-
$2,666,000
-
$1,950,000
-
$2,580,000
-
$2,220,000
TB MC Qu. 19-133 (Algo) Ryanbay, Incorporated had net income of...
Ryanbay, Incorporated had net income of $908,000 based on variable costing. Beginning and ending inventories were 55,800 units and 53,600 units, respectively. Assume the fixed overhead per unit was $1.65 for both the beginning and ending inventory. What is net income under absorption costing?
Multiple Choice
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$817,745
-
$900,740
-
$998,255
-
$904,370
-
$908,000
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