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of Massaci M Mathway 1 Math Pro enton Company manufactures and sells a single product. Cost data for the product are given below Variable costs

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of Massaci M Mathway 1 Math Pro enton Company manufactures and sells a single product. Cost data for the product are given below Variable costs per unit Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Total variable cost per unit Fixed costs per month: 22 Fixed manufacturing overhead Fixed selling and administrative $ 90,000 Total fixed cost per month The product sells for $51 per unit. Production and sales data for July and August, the first two months of operations, are as follows Units July August 18,000 18,000 Sold 4,000 22,000 The company's Accounting Department has prepared absorption cossing income statements for July and A July 5 714000 $1.122.000 Sales Cost of goods sold Gross margin Selling and adiministrative expenses 364 000 572 000 Net operating income Required Type here to search 144

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