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Q11 Wildhorse Company sells its product for $11000 per unit. Variable costs per unit are: manufacturing. $6700, and selling and administrative. $140. Fixed costs are:
Q11
Wildhorse Company sells its product for $11000 per unit. Variable costs per unit are: manufacturing. $6700, and selling and administrative. $140. Fixed costs are: $31200 manufacturing overhead, and $41200 seiling and administrative. There was no beginning inventory at 1/1/20. Production was 24 units per year in 2020-2022. Sales were 24 units in 2020, 20 units in 2021, and 28 units in 2022 Income under absorption costing for 2022 is $44080. O $32720 O $39420 $38880 Step by Step Solution
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