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Using the information below, what would be the profit under variable costing and absorption costing, respectively? Sales $120 000 Units produced $35 000 Units sold

Using the information below, what would be the profit under variable costing and absorption costing, respectively?

Sales

$120 000

Units produced

$35 000

Units sold

$35 260

Budgeted and actual fixed overhead cost

$84 000

Direct manufacturing cost

$21 000

Selling and administrative expenses

$6000

Select one:

$9000; $13 176

Insufficient data to calculate

10 044; $14 220

$10 044; $8220

Clear my choice

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