Question
Calgary Inc. planned and actually manufactured 230,000 units of its single product in 2018, its first year of operation. Variable manufacturing cost was $21 per
Calgary Inc. planned and actually manufactured 230,000 units of its single product in 2018, its first year of operation. Variable manufacturing cost was $21 per unit produced. Variable operating (non-manufacturing) cost was $10 per unit sold. Planned and actual fixed manufacturing costs were $1,150,000. Planned and actual fixed operating (non-manufacturing) costs totalled $380,000. Calgary sold 150,000 units of product at $46 per unit Required 1. Calgary's 2018 operating Income using absorption costing is (a) $1,120,000, (b) $720,000, (e) $1,100,000, (d) $1,500,000, or (e) none of these. Show supporting calculations. 2. Calgary's 2018 operating income using variable costing is (a) $1,870,000, (b) $1,120,000, (c) $720,000, (d) $1,100,000, or (e) none of these. Show supporting calculations. Requirement 1. Calgary's 2018 operating income using absorption costing is (a) $1,120,000. (b) $720,000. (c) $1,100,000, (d) $1,500,000, or (e) none of these Show supporting calculations. Begin by selecting the labels used in the absorption costing calculation of operating income and enter in the supporting calculations. (For amounts with a 50 balance, make sure to enter "0" in the appropriate cell) Absorption costing Deduct Operating income Choose from any last or enter any number in the input fields and then continue to the next question 9 0 ASUS VivoBook W E R T Y U 9772 8 5 P KL Calgary Inc. planned and actually manufactured 230,000 units of its single product in 2018, its first year of operation. Variable manufacturing cost was $21 per unit produced. Variable operating (non-manufacturing) cost was $10 per unit sold fixed manufacturing costs were $1,150,000. Planned and actual fixed operating (non-manufacturing) costs totalled $380,000. Calgary sold 150,000 units of product at $46 per unit. Required 1. Calgary's 2018 operating Income using absorption costing is (a) $1,120,000. (b) $720,000. (c) $1,100,000, (d) $1,500,000, or (e) none of these. Show supporting calculations. 2. Calgary's 2018 operating Income using variable costing is (a) $1,870,000, (b) $1,120,000, (c) $720,000, (d) $1,100,000, or (e) none of these. Show supporting calculations. Operaung CONTR Calgary's 2018 operating income using absorption costing is OA. $1,120,000 OB. $720,000 OC. $1,100,000. OD. $1,500,000. O E. none of these. Requirement 2. Calgary's 2018 operating income using variable costing is (a) $1,870.000, (b) $1.120,000. (c) $720,000, (d) $1,100,000, or (e) none of these. Show supporting calculations. Begin by selecting the labels used in the variable costing calculation of operating income and enter in the supporting calculations. (For amounts with a 50 balance, make sure to enter "0" in the appropriate cell) Variable costing Deduct Choose from any list or enter any number in the input fields and then continue to the next question. ASUS VivoBook 8 9 5 Calgary Inc. planned and actually manufactured 230,000 units of its single product in 2018, its first year of operation. Variable manufacturing cost was $21 per unit produced. Variable operating (non-manufacturing) cost was $1 fixed manufacturing costs were $1,150,000. Planned and actual fixed operating (non-manufacturing) costs totalled $380,000. Calgary sold 150,000 units of product at $46 per unit. Required 1. Calgary's 2018 operating income using absorption costing is (a) $1,120,000, (b) $720,000, (c) $1,100,000, (d) $1,500,000, or (e) none of these. Show supporting calculations. 2. Calgary's 2018 operating income using variable costing is (a) $1,870,000, (b) $1,120,000, (c) $720,000. (d) $1,100,000, or (e) none of these. Show supporting calculations. O E. none of these. Requirement 2. Calgary's 2018 operating income using variable costing is (a) $1,870,000, (b) $1,120,000, (c) $720,000, (d) $1,100,000, or (e) none of these. Show supporting calculations. Begin by selecting the labels used in the variable costing calculation of operating income and enter in the supporting calculations. (For amounts with a 50 balance, make sure to enter "0" in the appropriate cell.) Variable costing Deduct Operating income Choose from any list or enter any number in the input fields and then continue to the next question AD ASUS VivoBook 909 Calgary Inc. planned and actually manufactured 230,000 units of its single product in 2018, its first year of operation. Variable manufacturing cost was $21 per unit produced. Variable oper fixed manufacturing costs were $1,150,000. Planned and actual fixed operating (non-manufacturing) costs totalled $380,000. Calgary sold 150,000 units of product at $46 per unit. Required 1. Calgary's 2018 operating income using absorption costing is (a) $1,120,000, (b) $720,000, (c) $1,100,000, (d) $1,500,000, or (e) none of these. Show supporting calculations. 2. Calgary's 2018 operating income using variable costing is (a) $1,870.000, (b) $1,120,000, (c) $720,000, (d) $1,100,000, or (e) none of these. Show supporting calculations. Deduct Operating income Calgary's 2018 operating income using variable costing is OA. $1,870,000. B. $1,120,000. C. $720,000. OD. $1,100,000 OE. none of these. Choose from any list or enter any number in the input fields and then continue to the next question. ASUS VivoBook
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