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Units in beginning inventory Variable costs per unit: Turling Inc. assembles and sells vehicles. For April, the company reported the following information: Selling price
Units in beginning inventory Variable costs per unit: Turling Inc. assembles and sells vehicles. For April, the company reported the following information: Selling price per unit Units produced Units sold Direct materials $24,000 150 400 520 $2,250 Direct labour $4,400 Manufacturing overhead $3,350 Marketing $3,000 Fixed costs: Manufacturing overhead per unit Marketing $3,840 $600,000 Required A) How many units are in ending inventory? B) Using variable costing, calculate the per-unit product cost. C) Using variable costing, compute the value of the ending inventory. D) Using variable costing, calculate the operating income for April. E) Using absorption costing, calculate the per-unit product cost. F) Using absorption costing, compute the value of the ending inventory. G) Using absorption costing, calculate the operating income for April. H) Why is the income different in (D) and (G)?
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