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What is the operating income using absorption costing

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Question -

Fasetech, Inc. has collected the following data. (There are no beginning inventories.)

Unit produced - 570 units

Sales price - $140 per unit

Direct materials - $20 per unit

Direct labor - $14 per unit

Variable manufacturing overhead - $9 per unit

Fixed manufacturing overhead - $17,100 per year

Variable selling and administrative costs - $6 per unit

Fixed selling and administrative costs - $12,300 per year

What is the operating income using absorption costing if 500 units are sold?

Reference no: EM131562565

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