Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Q12 Cullumber Company sells its product for $11000 per unit. Variable costs per unit are manufacturing. 55800, and selling and administrative. $130. Fixed costs are:
Q12
Cullumber Company sells its product for $11000 per unit. Variable costs per unit are manufacturing. 55800, and selling and administrative. $130. Fixed costs are: 536000 manufacturing overhead, and $46000 selling 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 variable costing for 2021 is O $25400 $28000 $44800 O $19400 Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started