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Please don't provide answer in image format thank you. White Company manufactures a single product and has the following cost structure:   Variable Costs Per Unit:   Direct Materials $3.00 Direct Labor 4.00 Variable Manufacturing Overhead 1.00 Variable Operating Expenses 2.00 Fixed Costs Per Month: Fixed Manufacturing Overhead $100,000 Fixed Operating Expenses 60,000   Assume beginning inventories are zero, 20,000 units are produced, and 19,000 units are sold in a month. If the unit selling price is $20, what is the net operating income under absorption costing for the month?

Please don't provide answer in image format thank you. White Company manufactures a single product and has the following cost structure:   Variable Costs Per Unit:   Direct Materials $3.00 Direct Labor 4.00 Variable Manufacturing Overhead 1.00 Variable Operating Expenses 2.00 Fixed Costs Per Month: Fixed Manufacturing Overhead $100,000 Fixed Operating Expenses 60,000   Assume beginning inventories are zero, 20,000 units are produced, and 19,000 units are sold in a month. If the unit selling price is $20, what is the net operating income under absorption costing for the month?

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter6: Activity-based, Variable, And Absorption Costing
Section: Chapter Questions
Problem 14EA: Cool Pool has these costs associated with production of 20,000 units of accessory products: direct...
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Please don't provide answer in image format thank you.

White Company manufactures a single product and has the following cost structure:

 

Variable Costs Per Unit:

 

Direct Materials $3.00 Direct Labor 4.00 Variable Manufacturing Overhead 1.00 Variable Operating Expenses 2.00 Fixed Costs Per Month: Fixed Manufacturing Overhead $100,000 Fixed Operating Expenses 60,000

 

Assume beginning inventories are zero, 20,000 units are produced, and 19,000 units are sold in a month. If the unit selling price is $20, what is the net operating income under absorption costing for the month?

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