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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 $ 148 Units in
Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 148 Units in beginning inventory Units produced 9,400 Units sold 9,000 Units in ending inventory 400 Variable costs per unit: $ $ Direct materials 27 Direct labor 69 Variable manufacturing overhead Variable selling and administrative expense $ 15 19 $ Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $141,000 $ 9,700 What is the net operating income for the month under absorption costing? Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 172 Units in beginning inventory Units produced 9,700 9,300 Units sold Units in ending inventory 400 Variable costs per unit: $ $ Direct materials 33 Direct labor 75 Variable manufacturing overhead Variable selling and administrative expense 21 $ 25 $ Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $145,500 $ 10,300 What is the net operating income (loss) for the month under variable costing? tn
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