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Swifty Corporation sells its product for $ 6 3 0 0 per unit. Unit variable cost are: manufacturing, $ 4 4 0 0 , and

 Swifty Corporation sells its product for $6300 per unit. Unit variable cost are: manufacturing, $4400, and selling and administrative, $90. Fixed costs are: $10000 manufacturing overhead and $20000 selling and administrative. There was no beginning inventory at 1/1/21. Production was 20 units per year in 2021-2023. Sales were 20 units in 2021, 16 units in 2022, and 24 units in 2023.
Calculate Net income under absorption costing for 2023

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To calculate the net income under absorption costing for the year 2023 we need to determine the total manufacturing and sellingadministrative costs an... blur-text-image

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