Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Smooth Incorporated manufactures hair brushes that sell at wholesale for $2.60 per unit. Budgeted production in both 2021 and 2022 was 6,200 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 6,200 units. There was no beginning inventory in 2021. The following data summarized the 2021 and 2022 operations: 2021 4,100 6,200 2022 6,400 6,200 Units sold Units produced Costs: Variable factory overhead per unit Fixed factory overhead Variable marketing per unit Fixed Selling and Administrative $ 0.55 $ 2,790 $ 0.75 $ 650 $ 0.65 $ 2,790 $ 0.80 $ 650 Variable costing operating income for 2021 is calculated to be: (Do not round intermediate calculations. Round your final answers to whole dollar amounts.) Multiple Choice O $2,145. O $1,890. U $3,325. $2,079. $2,835
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