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TB MC Qu. 18-53 (Algo) Variable costing operating income for the next year: Cap Incorporated Cap Incorporated manufactures ball point pens that sell at wholesale
TB MC Qu. 18-53 (Algo) Variable costing operating income for the next year: Cap Incorporated Cap Incorporated manufactures ball point pens that sell at wholesale for $0.80 per unit. Budgeted production in both 2021 and 2022 was 11,000 units. There was no beginning Inventory in 2021. The following data summarized the 2021 and 2022 operations: 2021 9,500 11,000 2022 10,000 11,000 Units sold Units produced Costs: Variable factory overhead per unit Fixed factory overhead Variable marketing per unit Fixed Selling and Administrative $ 0.15 $ 2,200 $ 0.30 $ 320 $ 0.15 $ 2,200 $ 0.30 $ 320 Variable costing operating Income for 2022 is calculated to be: (Do not round Intermediate calculations. Round your final answers to whole dollar amounts.) Multiple Choice $124. O $2.150. O $544. $1,180. O O $980
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