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Flint Enterprises had the following cost and production information for April: Units Produced Unit Sales Price Manufacturing Cost Per Unit Direct Material Direct Labor Variable
Flint Enterprises had the following cost and production information for April: Units Produced Unit Sales Price Manufacturing Cost Per Unit Direct Material Direct Labor Variable Manufacturing Overhead Fixed Manufacturing Overhead Full Manufacturing Cost Per Unit Nonmanufacturing Costs Variable Selling Expenses Fixed General and Administrative Costs $ 20,000 160 40 $ 35 $ 12 ($500,000/20,000) = $ 25 $ 112 $110,000 $ 56,000 Inventory increased by 4,000 units during April. How much greater will Flint Enterprises' income be under absorption costing than under variable costing? Multiple Choice $100,000 $16,000 $116,000 $155,000
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