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[Use for Q#14 to Q#17] The Staub Company manufactures and sells bus token boxes to a number of bus-manufacturing companies. The Staub Company has used

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[Use for Q#14 to Q#17] The Staub Company manufactures and sells bus token boxes to a number of bus-manufacturing companies. The Staub Company has used absorption costing for both financial and managerial purposes in the past, but now wants to use direct (variable) costing internally. No variances to compute. The following data are available for the month of October: Beginning inventory $ 0 Units planned for and produced 5,000 Units sold 4,500 $ 300 Sales price per unit Selling and Administrative costs (all fixed) $50,000 Costs of production: Direct materials cost per unit $50 Direct labour costs per unit $60 $30 Variable manufacturing overhead per unit Fixed manufacturing overhead (total) $50,000 / month Question 14 Compute the manufacturing cost of a unit of product under absorption costing (ie, what would be the manufacturing cost per unit in ending inventory under absorption costing)? O $110 $140 $150 O $160 $175 1 pts D Question 15 Compute the manufacturing cost of a unit of product under direct (variable) costing. $110 $140 $150 $160 $175 D Question 16 What is the net income for the month under absorption costing? $600,000 $612.000 O $620,000 O $625.000 $662,000 D Question 17 What is the net income for the month under direct (variable) costing? $600,000 $612.000 $620,000 $625.000 $662,000

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