Manta Ray Company manufactures diving masks with a variable cost of $25 The cost per mask remained the same in the current year as in the previous year The masks self for $34 Budgeted fixed manufacturing overhead for the year is $873,600 Actual production was equal to planned production Required State whether operating income is higher under varlable of absorption costing and the amount of the difference in reported operating income under the two methods Treat each condition as an independent case Note Do not round intermediate calculations Manta Ray Company manufactures diving masks with a variable cost of $25 The cost per mask remained the same in the current year as in the previous year The masks sell for $34 Budgeted fixed manufacturing overhead for the year is $873,600 Actual production was equal to planned production Required State whether operating income is higher under variable or absorption costing and the amount of the difference in reported operating Income under the two methods Treat each condition as an independent case Note Do not round intermediate calculations as in the cost per mask remained the same in the current year was equal to planned production Required State whether operating income is higher under variable or absorption costing and the amount of the difference in reported operating income under the two methods Treat each condition as an independent case Note Do not round intermediate caleulations

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Manta Ray Company manufactures diving masks with a variable cost of $25  The cost per mask remained the same in the current year as in the previous year  The masks self for $34  Budgeted fixed manufacturing overhead for the year is $873,600  Actual production was equal to planned production  Required  State whether operating income is higher under varlable of absorption costing and the amount of the difference in reported operating income under the two methods  Treat each condition as an independent case  Note  Do not round intermediate calculations  Manta Ray Company manufactures diving masks with a variable cost of $25  The cost per mask remained the same in the current year as in the previous year  The masks sell for $34  Budgeted fixed manufacturing overhead for the year is $873,600  Actual production was equal to planned production  Required  State whether operating income is higher under variable or absorption costing and the amount of the difference in reported operating Income under the two methods  Treat each condition as an independent case  Note  Do not round intermediate calculations  as in the cost per mask remained the same in the current year was equal to planned production  Required  State whether operating income is higher under variable or absorption costing and the amount of the difference in reported operating income under the two methods  Treat each condition as an independent case  Note  Do not round intermediate caleulations

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Manta Ray Company manufactures diving masks with a variable cost of $25. The cost per mask remained the same in the current year as in

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