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Remaining Time: 1 hour, 07 minutes, 12 seconds Question Completion Status 1 2 3 Hamad LLC manufactures a tablet in Los Angeles, USA that is
Remaining Time: 1 hour, 07 minutes, 12 seconds Question Completion Status 1 2 3 Hamad LLC manufactures a tablet in Los Angeles, USA that is sold for $1,100 per unit in two markets, the USA and China. The company's fiscal 2017 operations data were as follows: Sales 35,000 units . Production 40,000 units Manufacturing Cost per units Direct Materials S155 Direct Labor S 105 Variable Manufacturing Overhead S 25 Fixed manufacturing Overhead S 8,000,000 Selling and Admibistrative Expenses Fixed for the year $ 4,000,000 535 Variable expenses per unit Required: What is the amount of the difference between the variable costing and absorption costing net operating incomes? Explain the cause of this difference? [4 marks] LOADIA 29 wi07
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