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Tokless Inc. planned and manufactured 485,000 units of its single product in 2019, its first year of operations. Variable manufacturing costs were $67 per unit
Tokless Inc. planned and manufactured 485,000 units of its single product in 2019, its first year of operations. Variable manufacturing costs were $67 per unit of production. Planned and fixed manufacturing costs were $885,000. Marketing and administrative costs (all fixed) were $685,000 in 2019. Tokless Inc. sold 212,000 units of product in 2019 at $82 per unit.
Full costing operating income for 2019 is calculated to be: (Do not round intermediate calculations. Round your final answers to whole dollar amounts.)
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