Question: In 20x6, Supra Ltd.s net income computed using the variable costing method was $17166, and its net income computed using the absorption costing method was

In 20x6, Supra Ltd.s net income computed using the variable costing method was $17166, and its net income computed using the absorption costing method was $22208. The companys unit product cost was $6.94 under variable costing and $13.27 under absorption costing. The beginning inventory consisted of 3471 units.

What was the companys ending inventory in units?

Select one:

a. 3471 units

b. 4268 units

c. 27013 units

d. 2674 units

Moody Manufacturing Inc. reported $66389 of operating income for the year by using variable costing. The following information also pertains to the current year:

Beginning inventory

0

Production

30339 units

Sales

20296 units

Variable manufacturing cost per unit

$13 per unit

Fixed manufacturing overhead

$142077

What is the operating income (loss) under absorption costing?

Select one:

a. $19358

b. $113420

c. $66389

d. $136692

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