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question 85

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Use the following information for questions
Nielson Corp. sells its product for $6,600 per unit. Variable costs per unit are: manufacturing, $3,600, and selling and administrative, $75. Fixed costs are: $18,000 manufacturing overhead, and $24,000 selling and administrative. There was no beginning inventory at 1/1/15. Production was 20 units per year in 2018-2020. Sales were 20 units in 2018, 16 units in 2019, and 24 units in 2020.
-Income under variable costing for 2019 is


Definitions:

External Obliques

Muscles located on the sides of the abdomen, involved in the rotation of the spine and the lateral flexion of the torso.

External Intercostals

Muscles located between the ribs that help expand the chest cavity during inhalation.

Vertebral Column

The flexible column of vertebrae that extends from the skull to the tailbone, enclosing the spinal cord and providing support to the body.

Capitis

Capitis refers to muscles or anatomical parts associated with the head, often used in the context of muscle names.

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