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TB MC Qu. 6-64 (Static) A manufacturing company that produces a single... A manufacturing company that produces a single product has provided the following data
TB MC Qu. 6-64 (Static) A manufacturing company that produces a single...
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:
Selling price | $ 130 |
---|---|
Units in beginning inventory | 0 |
Units produced | 2,100 |
Units sold | 1,900 |
Units in ending inventory | 200 |
Variable costs per unit: | |
Direct materials | $ 41 |
Direct labor | $ 39 |
Variable manufacturing overhead | $ 4 |
Variable selling and administrative expense | $ 11 |
Fixed costs: | |
Fixed manufacturing overhead | $52,500 |
Fixed selling and administrative expense | $ 3,800 |
What is the net operating income for the month under variable costing?
Multiple Choice
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$15,200
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$(6,600)
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$10,200
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$5,000
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