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Determine the Full costing operating income

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Question - Writer One Inc. manufactures ball point pens that sell at wholesale for $0.80 per unit. Budgeted production in both 2018 and 2019 was 14,500 units. There was no beginning inventory in 2018. The following data summarized the 2018 and 2019 operations:

 

2018

2019

Units sold

13,000

12,500

Units produced

14,500

13,500

Costs: Variable factory overhead per unit

$0.15

$0.15

Fixed factory overhead

$2,900

$2,700

Variable marketing per unit

$0.30

$0.30

Fixed Selling and Administrative

$320

$320

Required - Determine the Full costing operating income for 2019?

Reference no: EM132984122

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