Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Sandhill's unit production cost under variable costing is $21, and $28 under absorption costing. Net income under variable costing was $226000 and $167900 under absorption
- Sandhill's unit production cost under variable costing is $21, and $28 under absorption costing. Net income under variable costing was $226000 and $167900 under absorption costing last year. Production equalled 64000 units. How many units did Sandhill sell? O 72300 O 55700 O 71000 O 57000
- Sunland's unit production cost under variable costing is $8, and $12 under absorption costing. Net income under variable costing was $9200 and $13200 under absorption costing last year. Sunland sold 14500 units. How many units did it produce? O 15500 O 13500 15650 O 12500
- Wildhorse Company sells its product for $11000 per unit. Variable costs per unit are: manufacturing, $6700; and selling and administrative, $140. Fixed costs are: $31200 manufacturing overhead, and $41200 selling and administrative. There was no beginning inventory at 1/1/20. Production was 24 units per year in 2020-2022. Sales were 24 units in 2020, 20 units in 2021, and 28 units in 2022. Income under absorption costing for 2021 is O $16000. O $10800. O $26800. O $18800.
- Sandhill's unit production cost under variable costing is $21, and $28 under absorption costing. Net income under variable costing was $226000 and $167900 under absorption costing last year. Production equalled 64000 units. How many units did Sandhill sell? O 72300 O 55700 O 71000 O 57000
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started