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Flint inc started operations in January 2025 . The company produces and sellscabinets for $5800 each The following information pertains to the cost and sales
Flint inc started operations in January 2025 . The company produces and sellscabinets for $5800 each The following information pertains to the cost and sales of the cabinets each year: The company produced 24 units per year for 2025, 2026, and 2027 . The company sold 21 units in 2025, 19 urits in 2026, and 25 units in 2027. It reported no volumevariances for the three-year period Far2025, the operating income for absorption costing may be greater than equal to or less than aperatiog income under variable costing. variable costing operating income exceeded absorption costing operating income by $3975. the operating income for absorption costing equaled operating income for vantable cos ting absorption costing operating income exceeded variable costing operating inceme by s3 375
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