QUESTION 32 10 points Sunset Co. has no finished goods inventory at the end of March. In April, the firm made 500 units, sold 450 units for $110 each, and collected the following data: Direct materials $20/unit Fixed MOH $15.000/month Direct labor $15/unit Variable selling and administrative 55/unit Variable MOH S10/unit Fixed selling and administrative $10,000/month What is Sunset's operating income in April under absorption costing? O A. $3,500 OB. $2,570 OC. $3,250 OD.$3.650 10 pol QUESTION 33 Sunset Co. has no finished goods inventory at the end of March. In April, the firm made 500 units, sold 450 units for $110 each, and collected the following data: Direct materials $20/unit Fixed MOH SI5.000/month Direct labor $15/unit Variable selling and administrative 55/unit Variable MOH $10/unit Fixed selling and administrative $10,000/month What is the ending balance in Sunset's finished goods inventory in April under absorption costing? O A. $2,850 OB. $2,250 O C. $3,750 OD.53,550 QUESTION 35 An income statement prepared under variable costing is used for: O A. Filing income tax returns O B. External reporting purposes C. Determining the amount of gross profit OD. Internal decision-making purposes QUESTION 13 The cost incurred for maintenance on manufacturing equipment is an example of: O A. Internal failure cost OB. External failure cost C. Prevention cost O D. Appraisal cost QUESTION 16 .300 per month. The f old Savannah Company makes glass Vases and sells them for 55 per unit. The variable manufacturing cost is $2.50 per unit, and fed co 5,700 vases in March. Calculate Savannah operating income or loss for in March O A. $8,050 loss O B. $22,300 income O C. 56,200 loss O D. $8,050 income QUESTION 24 In a cost-volume profit graph, the sales revenue line: A. Intersects the Y-axis at the level of fixed costs O B. Has a slope equal to the contribution margin per un C. Intersects total fixed costs at the break-even point D. Passes through the origin