Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Lighter Incorporated planned and manufactured 440,000 units of its single product in 2022, its first year of operations. Variable manufacturing costs were $58 per unit
Lighter Incorporated planned and manufactured 440,000 units of its single product in 2022, its first year of operations. Variable manufacturing costs were $58 per unit of production. Planned and fixed manufacturing costs were $840,000. Marketing and administrative costs (all fixed) were $640,000 in 2022. Lighter Incorporated sold 203,000 units of product in 2022 at $73 per unit. Variable costing operating income for 2022 is calculated to be: (Do not round intermediate calculations. Round your final answers to whole dollar amounts.) $1,565,000. $1,890,000 $2,017,270 $2,300,000 O $2,790,000. QUESTION 30 4 Lighter Incorporated planned and manufactured 480,000 units of its single product in 2022, its first year of operations. Variable manufacturing costs were $66 per unit of production. Planned and fixed manufacturing costs were $880,000. Marketing and administrative costs (all fixed) were $680,000 in 2022. Lighter Incorporated sold 211,000 units of product in 2022 at $81 per unit. Sales for 2022 are calculated to be: O $13,926,000. $17,091,000. SISTE 2.5 point
Lighter Incorporated planned and manufactured 440,000 units of its single product in 2022, its first year of operations. Variable manufacturing costs were $58 per unit of production. Planned and fixed manufacturing costs were $840,000. Marketing and administrative costs (all fixed) were $640,000 in 2022. Lighter Incorporated sold 203,000 units of product in 2022 at $73 per unit Variable costing operating income for 2022 is calculated to be: (Do not round intermediate calculations. Round your final answers to whole dollar amounts.) $1,565,000. $1,890,000 $2,017,270 $2,300,000 $2,790,000 QUESTION 30 Lighter Incorporated planned and manufactured 480,000 units of its single product in 2022, its first year of operations Variable manufacturing costs were $66 per unit of production. Planned and fixed manufacturing costs were $880,000. Marketing and administrative costs (all fixed) were $680,000 in 2022. Lighter Incorporated sold 211,000 units of product in 2022 at $81 per unit. Sales for 2022 are calculated to be: $13,926,000. $17,091,000. 2.5 point
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started