Question: 9-16 Variable and absorption costing; explaining operating income differences. [Excel template] (LO 3) TC Motors assembles and sells motor vehicles, and uses standard costing.

3) TC Motors assembles and sells motor vehicles, and uses standard costing.

9-16 Variable and absorption costing; explaining operating income differences. [Excel template] (LO 3) TC Motors assembles and sells motor vehicles, and uses standard costing. Actual data relating to April and May are Unit data: Beginning inventory Production Sales Variable costs: Manufacturing cost per unit produced Operating (marketing) cost per unit sold Fixed costs: Manufacturing costs April 0 500 350 May 150 400 4560 520 $ 10,000 $ 10,000 $ 3,000 $ 3,000 $2,000,000 $2,000,000 Operating (marketing) costs $ 600,000 $ 600,000

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