Question
Brush Industries reports the following information for May: Sales $900,000 Fixed cost of goods sold 100,000 Variable cost of goods sold 250,000 Fixed selling and
Brush Industries reports the following information for May:
| Sales | $900,000 |
| Fixed cost of goods sold | 100,000 |
| Variable cost of goods sold | 250,000 |
| Fixed selling and administrative costs | 100,000 |
| Variable selling and administrative costs | 125,000 |
Calculate the operating income for May under absorption costing?
| A. | $650,000 |
| B. | $325,000 |
| C. | $525,000 |
| D. | $550,000 |
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Only Auditors Can Save The World Through Peace And Reconciliations
Authors: Marina Peters
1st Edition
B08C47KG6N, 979-8657479355
