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Patrick, Inc. has collected the following data. (There are no beginning inventories.) Units produced 590 units Units sold 590 units Sales price $460 per unit
Patrick, Inc. has collected the following data. (There are no beginning inventories.) Units produced 590 units Units sold 590 units Sales price $460 per unit Direct materials $50 per unit Direct labor $32 per unit Variable manufacturing overhead $25 per unit Fixed manufacturing overhead $8,850 per year Variable selling and administrative costs $14 per unit Fixed selling and administrative costs $10,300 per year What is the operating income using absorption costing? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.) $189,710 $180,860 $199,420 $71,980 Patrick, Inc. has collected the following data. (There are no beginning inventories.) What is the operating income using absorption costing? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.) $189,710 $180,860 $199,420 $71,980
Patrick, Inc. has collected the following data. (There are no beginning inventories.) Units produced 590 units Units sold 590 units Sales price $460 per unit Direct materials $50 per unit Direct labor $32 per unit Variable manufacturing overhead $25 per unit Fixed manufacturing overhead $8,850 per year Variable selling and administrative costs $14 per unit Fixed selling and administrative costs $10,300 per year What is the operating income using absorption costing? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.) $189,710 $180,860 $199,420 $71,980
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