Question 4

4. Farris Corporation, which has only one product, has provided the following data conceming its most recent month of operations: 1) Unit product cost under variable costing is: ( 8 credits) A. $60 B. $72 C. $75 D. $85 2) What is the contribution margin for the month under variable costing? ( 8 credits) A. $840,000 B. $688,800 C. $630,000 D. $151,200 3) What is the net operating income (loss) for the month under variable costing? (8 credits) A. $(19,300) B. $16,700 C. $10,700 D. $6,000