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Marshall, Inc. has collected the following data for the current year. Beginning Finished Goods Inventory Units produced Units sold 70 units 500 units 570 units
Marshall, Inc. has collected the following data for the current year. Beginning Finished Goods Inventory Units produced Units sold 70 units 500 units 570 units Sales price Direct materials Direct labor $170 per unit $36 per unit $11 per unit Variable manufacturing overhead Fixed manufacturing overhead $10 per unit $19,600 per year Variable selling and administrative costs $7 per unit $12,000 per year possible Fixed selling and administrative costs The beginning Finished Goods Inventory costs were $3,900 under absorption costing and $2,500 under variable costing. What is the operating income using absorption costing? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar) OA. $28,910 OB. $44,900 OC. $40,910 OD. $3,900
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