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The Heartlake Corporation manufactures and sells toy gyroscopes. The following data is related to sales and production of the toy gyroscopes for last year Selling
The Heartlake Corporation manufactures and sells toy gyroscopes. The following data is related to sales and production of the toy gyroscopes for last year Selling price per unit $9.50 Variable manufacturing costs per unit 5281 Variable selling and administrative expenses per unit 5576 Fixed manufacturing overhead in total 350 000 Fixed Selling and administrative expenses (in total) 525000 Units produced and sold during year 1600 Using variable costing, what is the operating income for last year? 5107.000 $1425,000 $57,000 5132.000
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