Solution-Find the net operating income under absorption

Find the net operating income under absorption costing

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Reference no: EM132855773

Question - Baraban Corporation has provided the following data for its most recent year of operation:

Selling price per unit $47

Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials $10

Direct labor $6

Variable manufacturing overhead $5

Fixed manufacturing overhead per year $130,000

Selling and administrative expenses: Variable selling and administrative expense per unit sold $5

Fixed selling and administrative expense per year $63,000

Units in beginning inventory 0

Units produced during the year 10,000

Units sold during the year 9,000

Units in ending inventory 1,000

Required - Find the net operating income (loss) under absorption costing?

Reference no: EM132855773

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Find the net operating income under absorption costing

Reference no: EM132855773

Reference no: EM132855773

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