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Croft Corporation produces a single product. Last year, the company had a net operating income of $88,180 using absorption costing and $79,600 using variable costing.
Croft Corporation produces a single product. Last year, the company had a net operating income of $88,180 using absorption costing and $79,600 using variable costing. The fixed manufacturing overhead cost was $6 per unit. There were no beginning inventories. If 27,200 units were produced last year, then sales last year were:
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18,620 units
25,770 units
28,630 units
35,780 units
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