Variable vs. Absorption costing Goldwood Golf Company sells a special putter for $26 each. In March,...

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Variable vs. Absorption costing Goldwood Golf Company sells a special putter for $26 each. In March, it sold 29,000 putters while manufacturing 30,000 putters. There was no beginning inventory on March 1. Production information for March was: Direct manufacturing labor per unit Fixed selling and administrative costs Fixed manufacturing overhead Direct materials cost per unit Direct manufacturing labor per hour Variable manufacturing overhead per unit Variable selling expenses per unit 1. Compute operating income under both absorption and variable costing. S $ $ $ $ $ 15 minutes 50,000 144,000 3 26 5 4 Variable vs. Absorption costing Goldwood Golf Company sells a special putter for $26 each. In March, it sold 29,000 putters while manufacturing 30,000 putters. There was no beginning inventory on March 1. Production information for March was: Direct manufacturing labor per unit Fixed selling and administrative costs Fixed manufacturing overhead Direct materials cost per unit Direct manufacturing labor per hour Variable manufacturing overhead per unit Variable selling expenses per unit 1. Compute operating income under both absorption and variable costing. S $ $ $ $ $ 15 minutes 50,000 144,000 3 26 5 4

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Absorption Costing Operating income Sales Revenue Total Cost Sales Revenue 2900... View the full answer