Question: Bramble Corp. sells its product for $7200 per unit. Variable costs per unit are: manufacturing, $3400, and selling and administrative, $50. Fixed costs are: $18000

 Bramble Corp. sells its product for $7200 per unit. Variable costs

Bramble Corp. sells its product for $7200 per unit. Variable costs per unit are: manufacturing, $3400, and selling and administrative, $50. Fixed costs are: $18000 manufacturing overhead, and $24000 selling and administrative. There was no beginning inventory at 1/1/18. Production was 20 units per year in 2018-2020. Sales were 20 units in 2018, 16 units in 2019, and 24 units in 2020. Income under variable costing for 2020 is $39600. $43425. $48000. $44400

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!