Crompton produces a product that sell at wholesale for 2.60 per unit. Budgeted production in both 2018 and 2019 was 3,000 units. There was no beginning inventory in 2018. The following data summarized the 2018 and 2019 operations: 2018, 2019 Units sold =2,500, 3,200 Units produced 3,000 3,000 Costs: Variable factory overhead per unit 0.65, 0.65 Fixed factory overhead 1,290, 1,290 Variable marketing per unit 0.80, 0.80 Fixed Selling and Administrative 650, 650 Compute variable costing operating income for the 2019.

Crompton produces a product that sell at wholesale for 2.60 per unit. Budgeted production in both 2018 and 2019 was 3,000 units. There was no beginning inventory in 2018. The following data summarized the 2018 and 2019 operations: 2018, 2019 Units sold =2,500, 3,200 Units produced 3,000 3,000 Costs: Variable factory overhead per unit 0.65, 0.65 Fixed factory overhead 1,290, 1,290 Variable marketing per unit 0.80, 0.80 Fixed Selling and Administrative 650, 650 Compute variable costing operating income for the 2019.

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter8: Budgeting

Section: Chapter Questions

Problem 4CMA: Krouse Company produces two products, forged putter heads and laminated putter heads, which are sold...

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