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on 10 + ed Carter reported $106,000 of income for the year by using variable costing. The company had no beginning inventory, planned and actual

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on 10 + ed Carter reported $106,000 of income for the year by using variable costing. The company had no beginning inventory, planned and actual production of 50,000 units, and sales of 47,000 units. Standard variable manufacturing costs were $15 per unit, and total budgeted fixed manufacturing overhead was $150,000, If there were no variances, income under absorption costing would be: out of 2.5 question Select one: O a. $52,000 O b. $97,000 Oc$106,000 O d. $115,000 O e $160,000 on 11 et ered Franz began business at the start of this year and had the following costs: variable manufacturing cost per unit, 59; fixed manufacturing costs, $60,000, variable selling and administrative costs per unit, $2: and fixed selling and administrative costs $220,000. The company sells its units for $45 each. Additional data follow out of 2.5 eg question Planned production in units Actual production in units Number of units sold 10,000 10,000 8.500 There were no variances. The income (loss) under variable costing is; Select one: a $(7,500) Ob $9,000 Oc$15,000 Od $18,000 Oe. None of the other answers are correct

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