What is the net operating income for the month

Reference no: EM131807500

Farron Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

Selling Price	$156
Units in beginning INventory	0
Units produced	9,500
Units sold	9,100
Units in edning inventory	400
Variable costs per unit:
Direct materials	$29
Direct Labor	$71
Variable manufacturing overhead	$17
Variable selling and administrative	$21
Fixed costs:
Fixed manufacturing overhead	$142,500
Fixed selling and administrative	$9,900

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

Reference no: EM131807500

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