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Cap Incorporated manufactures ball point pens that sell at wholesale for $0.80 per unit. Budgeted production in both 2021 and 2022 was 9,000 units. There
Cap Incorporated manufactures ball point pens that sell at wholesale for $0.80 per unit. Budgeted production in both 2021 and 2022 was 9,000 units. There was no beginning inventory in 2021. The following data summarized the 2021 and 2022 operations: Units sold Units produced Costs: Variable factory overhead per unit Fixed factory overhead Variable marketing per unit Fixed Selling and Administrative 2021 2022 7,500 9,000 8,000 9,000 $ 0.15 $ 0.15 $ 1,800 $ 1,800 $ 0.30 $ 320 $ 0.30 $ 320 Full costing operating income for 2022 is calculated to be: (Do not round Intermediate calculations. Round your final answers to whole dollar amounts.) Multiple Choice $127. $2,150. $918. $880. $1,010
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