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Green Company sells its product for $10400 per unit. Variable costs per unit are: manufacturing, $5900; and selling and administrative, $130. Fixed costs are: $26400
Green Company sells its product for $10400 per unit. Variable costs per unit are: manufacturing, $5900; and selling and administrative, $130. Fixed costs are: $26400 manufacturing overhead, and $36400 selling and administrative. There was no beginning inventory at 1/1/18. Production was 24 units per year in 20182020. Sales were 24 units in 2018, 20 units in 2019, and 28 units in 2020. Income under absorption costing for 2019 is
| $24600. |
| $29000. |
| $31600. |
| $53600. |
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