M&H's Unit Production Cost Under Variable Costing Is $25, and $32

question 2

Multiple Choice

M&H's unit production cost under variable costing is $25, and $32 under absorption costing.Net income under variable costing was $250,000 and $187,000 under absorption costing last year.Production equalled 63,000 units.How many units did M&H sell?

• A)72,000
• B)54,000
• C)70,000
• D)56,000

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Definitions:

Usable Lumber

Wood that has been processed and deemed suitable for construction or other practical uses, meeting specific quality standards.

Cubic Feet

A unit of volume measurement in the imperial system, equivalent to the volume of a cube with sides of one foot in length.

Scatterplot

A graphical representation in which two variables are plotted along two axes, revealing any correlation or pattern between them.

GPA

Grade Point Average, a cumulative average of a student's grades, typically on a 4.0 scale.