Question
The following information is available for Barnes Company for the fiscal year ended December 31: Beginning finished goods inventory in units 0 Units produced 5,000
The following information is available for Barnes Company for the fiscal year ended December 31:
|
|
|
|
|
| Beginning finished goods inventory in units |
| 0 |
|
| Units produced |
| 5,000 |
|
| Units sold |
| 4,100 |
|
| Sales | $ | 984,000 |
|
| Materials cost | $ | 100,000 |
|
| Variable conversion cost used | $ | 50,000 |
|
| Fixed manufacturing cost | $ | 100,000 |
|
| Indirect operating costs (fixed) | $ | 80,500 |
|
The variable costing operating income is: ?
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Analysing Financial Performance Using Integrated Ratio Analysis
Authors: Nic La Rosa
1st Edition
0367552523, 978-0367552527
