Lia Corporation manufactures and sells a spice rack. Shown below are the actual operating results for the first two years of operations: Year 1 Year 2 Units (spice racks) produced 40,000 40,000 Units (spice racks) sold 37,000 41,000 Absorption costing net operating income. . P 44,000 P 52,000 Variable costing net operating income P 38,000 ??? The cost structure and selling price were the same for both years. What is the variable costing net operating income for Year 2? P 56,000 O P 54,000 AD 50.00
Lia Corporation manufactures and sells a spice rack. Shown below are the actual operating results for the first two years of operations: Year 1 Year 2 Units (spice racks) produced 40,000 40,000 Units (spice racks) sold 37,000 41,000 Absorption costing net operating income. . P 44,000 P 52,000 Variable costing net operating income P 38,000 ??? The cost structure and selling price were the same for both years. What is the variable costing net operating income for Year 2? P 56,000 O P 54,000 AD 50.00
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter18: Pricing And Profitability Analysis
Section: Chapter Questions
Problem 28P: The following information pertains to Vladamir, Inc., for last year: There are no work-in-process...
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