Question
Treble Inc. planned and manufactured 252,500 units of its single product in 2019, its first year of operations. Variable manufacturing costs were $35 per unit
Treble Inc. planned and manufactured 252,500 units of its single product in 2019, its first year of operations. Variable manufacturing costs were $35 per unit of production. Planned and actual fixed manufacturing costs were $605,000. Marketing and administrative costs (all fixed) were $302,500 in 2019. Treble Inc. sold 202,500 units of product in 2019 at $65 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.)
Multiple Choice
-
$4,052,000.
-
$4,254,000.
-
$5,167,500.
-
$5,287,302.
-
$5,368,000.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started