costs that between 1. In making managerial decisions, relevant information involves alternatives. A future; do not differ B. future; differ C. past; do not differ past; differ D 2. In 20x1, its first year of operations, Horn Gren, Inc., manufactured 110,000 units of its single product, ties. Variable manufacturing costs were $6 per unit of product. Fixed manufacturing costs were $110,000 and are based on the production volume of 110,000 units. Horn Gren sold 100,000ties during the year at an average selling price of $10. Variable selling costs were $50 per tie and fixed selling and administrative costs were $80,000. Horn Gren's operating income using the absorption approach is using the contribution margin approach is A $300,000; $200,000 $200,000; $300,000 $170,000; $160,000 D. $160,000; $170,000 B. C. 3. A. Popular markup formulas for pricing do not include a percentage of variable manufacturing costs B. total variable costs full costs D. fixed costs