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Designs R Us sold 320,000 shirts for $18.60 each during May. Fixed costs totaled $1:024:000 and Designs R Us earned $1 344000 of income. W'hal
Designs R Us sold 320,000 shirts for $18.60 each during May. Fixed costs totaled $1:024:000 and Designs R Us earned $1 344000 of income. W'hal amount should have been reported as variable costs in Designs R L's's contribution margin income statement for May',7 O A. 54.608000 0 B. 83.584000 0 C. 52.560000 0 085352.000 O E' 52.368000 Lancaster Corporation reports the following information regarding its production cost during its first year of operations. Direct materials $ 4 per unit Direct labor $ 2 per unit Variable overhead $ 3 per unit Fixed overhead $ 224, 000 per year The company manufactured 28,000 units and sold 19,000 units. What is the value of ending inventory under variable costing? O A. $224,000 O B. $72,000 O C. $81,000 O D. $153,000 O E. $305,000Segoe Electronics sells tablets [80% of sales) and laptops (20% of sales). The selling price of each tablet is $460 and of each laptop is 51.060 The variable cost of each tablet is $295 and ofeach laptop is 8760. Fixed costs are $1,538,880. The weightediaverage contribution margin is: O A 3138. {:1 B. 5192. (I C 3228. {:3 D5465. C} E. 8297. Month Units Sold Total Cost January 1, 070 $ 5, 620 February 1, 970 $ 7, 240 March 2, 740 $ 9, 800 April 770 $ 3, 890 Based on the information above and using the high-low method, the estimated total fixed cost is: O A. $1,580. O B. $3,890. O C. $1,670. O D. $6, 170. O E. $3,810
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