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Bramble Corp. sells its product for $6600 per unit. Unit variable costs are: manufacturing, $3100, and selling and administrative, $80. Fixed costs are: $19000
Bramble Corp. sells its product for $6600 per unit. Unit variable costs are: manufacturing, $3100, and selling and administrative, $80. Fixed costs are: $19000 manufacturing overhead and $25000 selling and administrative. There was no beginning inventory at 1/1/21. Production was 20 units per year in 2021-2023. Sales were 20 units in 2021, 16 units in 2022, and 24 units in 2023. For the three years 2021-2023 combined, O absorption costing income may be greater than, equal to, or less than variable costing income, depending on the situation. absorption costing income equals variable costing income. O variable costing income exceeds absorption costing income by $9500. absorption costing income exceeds variable costing income by $9500.
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