1) Compute the operating income under variable costing

Problem 1 Longview Golf Company sells a special putter for $20 each. In March, it sold 30,000 putters while manufacturing 33,000. There was beginning inventory of 1,000 putters on March I with same per unit cost level as March productions. Production information for March was: S 30 product 3, Direct materials cost per unit $2 Direct manufacturing labor per unit $6 Variable manufacturing overhead per unit $ 4 Fixed manufacturing overhead total $132,000 Variable selling expenses per unit S 5 Fixed selling and administrative costs total S 30.000 ih ve P > S Jo Longview uses standard accounting, and does not have any cost variance during the period Required