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Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price 96 Units in beginning
Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price 96 Units in beginning inventory Units produced Units sold Units in ending inventory 8,750 8,350 400 $ $ $ 14 56 2 6 Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $131,250 $ 8,400 What is the net operating income foss) for the month under variable costing? What is the net operating income (loss) for the month under variable costing? Multiple Choice O $10,650 $(18,150) $16.650 $6,000
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