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Farron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $152 Units in beginning
Farron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: |
Selling price | $152 |
Units in beginning inventory | 0 |
Units produced | 9,450 |
Units sold | 9,050 |
Units in ending inventory | 400 |
Variable costs per unit: | |
Direct materials | $28 |
Direct labor | $70 |
Variable manufacturing overhead | $16 |
Variable selling and administrative | $20 |
Fixed costs: | |
Fixed manufacturing overhead | $141,750 |
Fixed selling and administrative | $9,800 |
What is the net operating income for the month under absorption costing?
$34,250
$11,350
$17,350
$6,000
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