Happy Home, Inc. provides housekeeping services. The following financial data have been provided. $80,000 Service Revenue Cleaning Supplies Used 21,500 18,350 5350 Wages Expense Office Rent Expense Depreciation Expense -Machinery 750 Calculate the operating income for the company. $52,400 $40,150 $3250 $34,800 Chou Computer Services provides services to corporate and individual customers. During the month of June, the corporate business segment provided services to 300 customers and earned $60,000 in revenue. The individual business segment provided services to 400 customers and earned $35,000 in revenue. The variable costs for the corporate and individual business segments amounted to $32,500 and $25,300, respectively. In addition, the fixed costs of the company amounted to $8000. The contribution margin ratios of the corporate segment and individual segment are __, respectively. (Round your answers two decimal places.) 54.17% and 72.29% 45.83% and 27.71% 78.57% and 16.17% 54.17% and 27.71% 3 pts Barrett, Inc. reports the following information for the year ended December 31: 60 units 400 units Beginning Finished Goods Inventory Units produced Units sold Sales price Direct materials 460 units $160 per unit $30 per unit $12 per unit $15 per unit $15,900 per year Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative costs Fixed selling and administrative $10 per unit costs $12,500 per year The beginning Finished Goods Inventory costs were $3300 under absorption costing and $3420 under variable costing. What is the operating income using variable costing? $42,780 $14,380 $45,200 $4780 3 pts Sequoyah, Inc. reports the following information: Units produced 540 units Units sold 540 units Sales price Direct materials Direct labor $160 per unit $30 per unit $15 per unit $10 per unit $20,000 per year Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative costs $5 per unit Fixed selling and administrative costs $10,000 per year What is the unit product cost using variable costing? $105 $60 $55 $82