A manufacturing company that produces a single product

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Reference no: EM131016545

A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:

Selling price	$112

Units in beginning inventory	0
Units produced	5,500
Units sold	5,300
Units in ending inventory	200

Variable costs per unit:
Direct materials	$33
Direct labor	$37
Variable manufacturing overhead	$5
Variable selling and administrative	$6

Fixed costs:
Fixed manufacturing overhead	$71,500
Fixed selling and administrative	$79,500

What is the net operating income for the month under absorption costing?

$2,600

$1,700

$13,300

$15,900

It is not option C.

Reference no: EM131016545

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