Question
CBB Inc. makes multi-colored glass lens for the astrological telescope industry and incurred the following: Units Produced 20,000 Units Sold 16,000 Unit Sales Price $
CBB Inc. makes multi-colored glass lens for the astrological telescope industry and incurred the following:
| Units Produced | 20,000 | |||
| Units Sold | 16,000 | |||
| Unit Sales Price | $ | 190 | ||
| Manufacturing Cost Per Unit | ||||
| Direct Material | $ | 20 | ||
| Direct Labor | $ | 20 | ||
| Variable Manufacturing Overhead | $ | 16 | ||
| Fixed Manufacturing Overhead | ($360,000/20,000) | = | $ | 18 |
| Full Manufacturing Cost Per Unit | $ | 74 | ||
| Nonmanufacturing Costs | ||||
| Variable Selling Expenses | $ | 104,000 | ||
| Fixed General and Administrative Costs | $ | 92,000 | ||
Income for CBB Inc's under variable costing?
Multiple Choice
-
$1,588,000
-
$1,660,000
-
$1,231,000
-
$1,184,000
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The Cybersecurity Body Of Knowledge The ACM IEEE AIS IFIP Recommendations For A Complete Curriculum In Cybersecurity Internal Audit And IT Audit
Authors: Daniel Shoemaker, Anne Kohnke, Ken Sigler
1st Edition
1032400218, 978-1032400211
