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Current Attempt in Progress Marigold Corp. sells its product for $6600 per unit. Unit variable cost are: manufacturing, $3400, and selling and administrative, $100. Fixed
Current Attempt in Progress Marigold Corp. sells its product for $6600 per unit. Unit variable cost are: manufacturing, $3400, and selling and administrative, $100. Fixed costs are: $14000 manufacturing overhead and $25000 selling and administrative. There was no beginning inventory at 1/1/21. Production was 20 units per year in 2021-2023. Sales were 20 units in 2021, 16 units in 2022, and 24 units in 2023. Net income under absorption costing for 2022 is O $13400. O $4375. O $17775. O $14400
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