Question
In 20x6, Supra Ltd.s net income computed using the variable costing method was $17166, and its net income computed using the absorption costing method was
In 20x6, Supra Ltd.s net income computed using the variable costing method was $17166, and its net income computed using the absorption costing method was $22208. The companys unit product cost was $6.94 under variable costing and $13.27 under absorption costing. The beginning inventory consisted of 3471 units.
What was the companys ending inventory in units?
Select one:
a. 3471 units
b. 4268 units
c. 27013 units
d. 2674 units
Moody Manufacturing Inc. reported $66389 of operating income for the year by using variable costing. The following information also pertains to the current year:
| |||
| Beginning inventory | 0 |
|
| Production | 30339 units |
|
| Sales | 20296 units |
|
| Variable manufacturing cost per unit | $13 per unit |
|
| Fixed manufacturing overhead | $142077 |
|
What is the operating income (loss) under absorption costing?
Select one:
a. $19358
b. $113420
c. $66389
d. $136692
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