Question: Use the following data to answer the question 2012 2013 2014 Unit Data Beginning Inventory 0 ? ? Production 1000 800

Use the following data to answer the question

2012 2013 2014
Unit Data
      Beginning Inventory 0       ?       ?
      Production 1000 800 1250
      Sales 700 800 1500
variable costs
      manufacturing cost per unit produced $900 $900 $900
      marketing cost per unit sold produced $600 $600 $600
Fixed costs
   Manufacturing costs $450,000 $450,000 $450,000
   Marketing costs $140,000 $140,000 $140,000

Using absorption costing, what is the operating income in 2012 is the selling price is $3000?

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