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Mars Inc. produces and sells a decorative pillow. It has provided the following data concerning its most recent month of operations: Selling price $126 Units
Mars Inc. produces and sells a decorative pillow. It has provided the following data concerning its most recent month of operations:
| Selling price | $126 |
| Units in beginning inventory | - |
| Units produced | 8,700 |
| Units sold | 8,400 |
| Units in ending inventory | 300 |
| Variable costs per unit | |
| Direct materials | $30 |
| Direct labor | $48 |
| Variable manufacturing overhead | $3 |
| Variable selling and administrative | $7 |
| Fixed costs: | |
| Fixed manufacturing overhead | $156,600 |
| Fixed selling and administrative | $151,200 |
What is the net operating income for the month under variable costing?
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