Question: Using the information below, what would be the profit under variable costing and absorption costing, respectively? Sales $120 000 Units produced $35 000 Units sold

Using the information below, what would be the profit under variable costing and absorption costing, respectively?

Sales

$120 000

Units produced

$35 000

Units sold

$35 260

Budgeted and actual fixed overhead cost

$84 000

Direct manufacturing cost

$21 000

Selling and administrative expenses

$6000

Select one:

$9000; $13 176

Insufficient data to calculate

10 044; $14 220

$10 044; $8220

Clear my choice

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 General Management Questions!