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Karim, a hard worker,. manufactures and sells one product. Here is the info to his company for the first two years What is net operating

Karim, a hard worker,. manufactures and sells one product.

Here is the info to his company for the first two years

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What is net operating income under absorption costing in Year 2? (Do not round intermediate calculations. Round the final answer to the nearest dollars

$200 Selling price per unit Variable costs per unit: Manufacturing Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs per year: Fixed manufacturing overhead Selling and administrative expense $86 $40 $11 $5 $49,000 $99,500 Year Production (units) Sales (units) 5,000 4,5001 2 4,600 5,100

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