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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

  • $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

  • $817,745

  • $900,740

  • $998,255

  • $904,370

  • $908,000

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