Variable Costing, Value of Ending Inventory, Operating Income

Pattison Products, Inc., began operations in October and manufactured $42,000$ units during the month with the following unit costs:

Fixed overhead per unit $=$$$294,\frac{000}{42},000$ units produced $=$$$7\mathrm{.}00$

Total fixed factory overhead is $$294,000$ per month. During October, $41,000$ units were sold at a price of $$26\mathrm{.}5,$ and fixed marketing and

administrative expenses were $$113,900.$

Required:

Calculate the cost of each unit using variable costing. Round your final answer to the nearest cent.

per unit

How many units remain in ending inventory?

units

What is the cost of ending inventory using variable costing?

$

Prepare a variable$-$costing income statement for Pattison Products, Inc., for the month of October.

Pattison Products, Inc.

Variable$-$Costing Income

Statement

For the Month of October

Less:

What if November production was $42,000$ units, costs were stable, and sales were $43,000$ units? What is the cost of ending

inventory? If an amount is zero, enter $"0".$

$

What is operating income for November?

$