Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Treble Inc. planned and manufactured 250,000 units of its single product in 2019, its first year of operations. Variable manufacturing costs were $30 per unit

Treble Inc. planned and manufactured 250,000 units of its single product in 2019, its first year of operations. Variable manufacturing costs were $30 per unit of production. Planned and actual fixed manufacturing costs were $600,000. Marketing and administrative costs (all fixed) were $300,000 in 2019. Treble Inc. sold 200,000 units of product in 2019 at $60 per unit.

Variable costing operating income for 2019 is calculated to be:

  • 4,000,000.
  • $5,220,000.
  • $5,300,000.
  • $5,100,000.
  • $4,200,000.

Which number above is the answer

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials of Investments

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

10th edition

77835425, 978-0077835422

More Books

Students also viewed these Finance questions

Question

=+ What are the undesirable consequences?

Answered: 1 week ago

Question

What is sensitivity analysis? 369

Answered: 1 week ago