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Question 20 Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price Units in
Question 20 Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price Units in beginning inventory O Units produced Units sold Units in ending inventory 400 Variable costs per unit: Direct materials Direct labor $136 $24 $66 Variable manufacturing overhead $12 Variable selling and administrative expense $ 16 Fixed costs: O $17,150 Fixed manufacturing overhead $138,750 Fixed selling and administrative expense $9,400 What is the net operating income for the month under absorption costing? $29,650 9,250 8,850 O $11,150 O $6,000
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