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CH 6 LO 6 Selling Price per unit: $50 variable manufacturing cost per unit: $20 Variable selling and administrative cost per unit: $5 Fixed manufacturing

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CH 6 LO 6 Selling Price per unit: $50 variable manufacturing cost per unit: $20 Variable selling and administrative cost per unit: $5 Fixed manufacturing overhead (Total) $20,000 Fixed selling and admin expenses (Total) $25,000 Units produced 3,000 Units sold 2,500 Calculate operating income under absorption costing and variable costing using the data above for Toaster Company

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