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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 $ 132 Units in
Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations Selling price $ 132 Units in beginning inventory 9,200 8,800 400 Units produced Units sold Units in ending inventory Variable costs per unit: 23 Direct materials Direct labor 65 Variable manufacturing overhead Variable selling and administrative expense 15 Fixed costs: $138,000 Fixed manufacturing overhead Fixed selling and administrative expense $ 9,300 What is the net operating income for the month under absorption costing? Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 93 Units in beginning inventory Units produced 3,600 Units sold 3,020 Units in ending inventory 580 Variable costs per unit: Direct materials $ 19 Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead $61,500 3,500 Fixed selling and administrative expense The total contribution margin for the month under variable costing is 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 8,750 8,350 400 Units sold Units in ending inventory Variable costs per unit: Direct materials 14 Direct labor 56 Variable manufacturing overhead Variable selling and administrative expense Fixed costs: $131,250 $ 8,400 Fixed manufacturing overhead Fixed selling and administrative expense What is the net operating income (loss) for the month under variable costing
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