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Morwenna, Inc. reports the following information for August: Sales Revenue Variable Cost of Goods Sold Fixed Cost of Goods Sold $700,000 150,000 25,000 180,000 55,000
Morwenna, Inc. reports the following information for August: Sales Revenue Variable Cost of Goods Sold Fixed Cost of Goods Sold $700,000 150,000 25,000 180,000 55,000 Variable Selling and Administrative Costs Fixed Selling and Administrative Costs Calculate the operating income for August using absorption costing. A. $330,000 OB. $290,000 OC. $935,000 OD. $410,000
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