Jones Company incurred the following costs while producing 100 chairs:   Units produced 100 chairs Direct materials     $10 per unit Direct labor 15 per unit Variable manufacturing overhead 3 per unit Total fixed manufacturing overhead 2,000   Variable selling and administrative 4 per unit Fixed selling and administrative 3,000     What is operating income using variable costing if 90 units were sold for $150 each?

Question

Jones Company incurred the following costs while producing 100 chairs:

 

Units produced

100

chairs

Direct materials

    $10

per unit

Direct labor

15

per unit

Variable manufacturing overhead

3

per unit

Total fixed manufacturing overhead

2,000

 

Variable selling and administrative

4

per unit

Fixed selling and administrative

3,000

 

 

What is operating income using variable costing if 90 units were sold for $150 each?

 
 

ANSWER

 

 
  •  

    $5,620

  •  

    $5,820

  •  

    $4,840

  •  

    $7,620

  •  
    I DON'T KNOW YET

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