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the dollar difference in variable costing income and absorption costing income= Oak Mart, a producer of solid oak tables, reports the following data from its
the dollar difference in variable costing income and absorption costing income=
Oak Mart, a producer of solid oak tables, reports the following data from its second year of business. 320 per unit 115,000 units 118,000 units 3,000 units $ 405,000 240,000 $ 645,000 Sales price per unit Units produced this year Units sold this year Units in beginning-year inventory Beginning inventory costs Variable (3,000 units X $135) Fixed (3,000 units X $80) Total Manufacturing costs this year Direct materials Direct labor Overhead costs this year Variable overhead Fixed overhead Selling and administrative costs this year Variable Fixed 40 per unit 62 per unit $3,220,000 57,400,000 $1,416,000 4,600,000 3. Fill in the blanks: units fred overhead per unit The dollar difference in variable costing Income and absorption costing income Step by Step Solution
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