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Columbia Corporation produces a single product. The company's variable costing income statement for November appen below $815, 1ee Columbia Corporation Theron Statement For the Menth

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Columbia Corporation produces a single product. The company's variable costing income statement for November appen below $815, 1ee Columbia Corporation Theron Statement For the Menth ended November 30 Sales ($19 per unit) Variable expenses: Variable cost of goods sold Variable selling expense Total variable expenses Contribution margin Fixed expenses: Manufacturing Selling and administrative Total fixed expenses Net operating income 429,609 128,700 557,700 257,400 140,920 70, 460 211,380 $ 46,00 De During November 35 230 units were manufactured and 8.210 units were in beginning inventory Variable production fixed manufacturing expenses, and the number of units produced were the same in prior months The value of the company's inventory on November 30 under absorption costing would be Prey 1 of 15 Next >

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