Direct materials 11 Krepps Corporation produces a single product. Last year. Krepps manufactured 34,250 sd sd...

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Direct materials 11 Krepps Corporation produces a single product. Last year. Krepps manufactured 34,250 sd sd 28.400 follows $284,275 Direct labor $140,425 $256,975 $650,750 Variable manufacturing overhead Fixed manufacturing overhead Sales totaled $1,434,200 for the year, variable selling and administrative expenses totaled $167.560, and fixed selling and administrative expens totaled $215,775. There was no beginning inventory. Assume that direct labor is a variable cost. Under variable costing, the company's net operating income for the year would be Direct materials 11 Krepps Corporation produces a single product. Last year. Krepps manufactured 34,250 sd sd 28.400 follows $284,275 Direct labor $140,425 $256,975 $650,750 Variable manufacturing overhead Fixed manufacturing overhead Sales totaled $1,434,200 for the year, variable selling and administrative expenses totaled $167.560, and fixed selling and administrative expens totaled $215,775. There was no beginning inventory. Assume that direct labor is a variable cost. Under variable costing, the company's net operating income for the year would be