Weygandt, Managerial Accounting, Fifth Canadian Edition Help System Announcements PRINTER VERSION BACK NEXT Question 22 The Colin Division of Mochrie Company sells its product for $35 per unit. Variable costs per unit are: manufacturing, $13; and selling and administrative, $2. Fixed costs are: $240000 manufacturing overhead, and $50000 selling and administrative. There was no beginning inventory. Expected sales for next year are 40000 units. Ryan Stiles, the manager of the Colin Division, is under pressure to improve the performance of the Division. As he plans for next year, he has to decide whether to produce 40000 units or 50000 units. What would the net income be under variable costing for each alternative? 40000 units 50000 units $510000 $510000 $510000 $558000 $568000 O $510000 O $558000 $510000 SUBMIT ANSWER SAVE FOR LATER Question Attempts: 0 of 1 used Weygandt, Managerial Accounting, Fifth Canadian Edition Help System Announcements PRINTER VERSION BACK NEXT Question 23 Obama Company sells its product for $30 per unit. During 2020, it produced 30000 units and sold 15000 units (there was no beginning inventory). Costs per unit are: direct materials $6, direct labour $5, and variable overhead $4. Fixed costs are: $420000 manufacturing overhead, and $120000 selling and administrative expenses. Cost of goods sold under absorption costing is $225000. $435000. $495000. O $870000. SUBMIT ANSWER SAVE FOR LATER Question Attempts: 0 of 1 used