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Compute its operating income

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Question - Fighting Kites produces several different kite kits. Last year, the company produced 26,000 kits and sold all but 3,000 kits. The kits sell for $28 each. Costs incurred are listed here.

Material purchased $55,000

Materials used $34,000

Other variable manufacturing costs $61,000

Fixed manufacturing costs $90,000

Variable selling costs $21,000

Fixed selling and administrative costs $95,000

If the company uses absorption costing and a denominator level of 49 000, compute its operating income?

Reference no: EM133126964

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