Golden Corporation is a furniture manufacturer. At the beginning of the period, the beginning balance of inventory is 2,000 units and valued as $80,000. The corporation produced 80,000 units in current period. During production, total of $2,000,000 direct labor, direct materials and variable overhead were incurred. And $1,500,000 fixed overhead was incurred. At ending of the period 75,000 units were sold for total of $5,000,000. Determine, if variable costing is used, what is the amount of net income for current period? A. $1,597,561 B. $1,902,439 C. $5,792,920 D. $5,734,460 Golden, a food producer, produce its single product #200. In the process of production product #200, ingredients A is added at two different points in the production, 40% of the ingredients A is added when the units are 20% completed, and the remaining 60% of ingredients A is added when the units are 80% completed. At the period end, there are 20,000 units still in process and all of them are 50% completed. Assuming Golden adopted weighted average process-costing system, calculate the equivalent units of Product #200 at the end period with respect to ingredient A? A. 4,400 units. B. 8,000 units. C. 11,000 units. D. 22,000 units