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Henderson Corporation manufactured 10,000 units during January. They started the month with no inventory. During the month, they sold 9,000 units for a selling price
Henderson Corporation manufactured 10,000 units during January. They started the month with no inventory. During the month, they sold 9,000 units for a selling price of $15 per unit. The costs incurred by Henderson during the month were:
Direct labor cost per unit Direct materials cost per unit Fixed overhead cost per unit Fixed selling cost per unit Total variable overhead cost Total variable selling cost Amount $1.50 $3.00 $2.25 $0.50 $20,000 $5.000 How much total fixed cost is recognized as an expense during the month using variable costing? O a. $22,500 O b. $21,600 O c. $24.750 O d. $4,500 Oe. $27,000 Question 10 If Bears Corporation prepared an income statement using the variable costing format, which of these costs would be considered a product cont? a. Fixed overhead O b. Variable overhead Oc. Fixed selling Od. Variable selling O e None of these costs are considered product costs under variable costing Step by Step Solution
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