Variable costingproduction exceeds sales Fixed manufacturing costs are $51 per unit, and variable manufacturing costs are $153
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Question:
Variable costing—production exceeds sales Fixed manufacturing costs are $51 per unit, and variable manufacturing costs are $153 per unit. Production was 149,000 units, while sales were 141,550 units.
Determine:
(a) whether variable costing income from operations is less than or greater than absorption costing income from operations, and
(b) the difference in variable costing and absorption costing income from operations.
Related Book For
Financial and Managerial Accounting
ISBN: 978-1285078571
12th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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