Use the following data to answer the question 2012 2013 2014 Unit Data Beginning Inventory 0
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Question:
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?
Related Book For
Managerial Accounting Decision Making and Motivating Performance
ISBN: 978-0137024872
1st edition
Authors: Srikant M. Datar, Madhav V. Rajan
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