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Smooth Incorporated manufactures hair brushes that sell at wholesale for $2.60 per unit. Budgeted production in both 2021 and 2022 was 4,800 units. There was
Smooth Incorporated manufactures hair brushes that sell at wholesale for $2.60 per unit. Budgeted production in both 2021 and 2022 was 4,800 units. There was no beginning inventory in 2021. The following data summarized the 2021 and 2022 operations:
2021 | 2022 | |
---|---|---|
Units sold | 3,400 | 5,000 |
Units produced | 4,800 | 4,800 |
Costs: | ||
Variable factory overhead per unit | $ 0.55 | $ 0.65 |
Fixed factory overhead | $ 2,160 | $ 2,160 |
Variable marketing per unit | $ 0.75 | $ 1.00 |
Fixed Selling and Administrative | $ 650 | $ 650 |
Full costing operating income for 2021 is calculated to be: (Do not round intermediate calculations. Round your final answers to whole dollar amounts.)
Multiple Choice
$1,610.
$2,240.
$2,450.
$1,724.
$1,779.
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