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Ramon Company reported the following units of productions and sales for June and July: Month Units Produced Sold June 100,000 90,000 July 100,000 105,000 Income
Ramon Company reported the following units of productions and sales for June and July:
Month Units
Produced Sold
June 100,000 90,000
July 100,000 105,000
Income under absorption costing for junes was $40,000; income under variable costing for July was $50,000. Fixed costs were $600,000 for each month.
How much was income for july using absorption costing?
A)50,000
B)20,000
C)80,000
D)40,000
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