Writer One Inc Full Costing Operating Income for 2018 Is Calculated to Be

question 11

Multiple Choice

Writer One Inc. manufactures ball point pens that sell at wholesale for $0.80 per unit. Budgeted production in both 2018 and 2019 was 8,000 units. There was no beginning inventory in 2018. The following data summarized the 2018 and 2019 operations: $\begin{array}{lcc} & 2018 & 2019 \\\text { Units sold } & 6,500 & 9,000 \\\text { Units produced } & 8,000 & 8,000\\\text { Costs: }\\\text { Variable factory overhead per unit } & \$ 0.20 & \$ 0.20 \\\text { Fixed factory overhead } & \$ 1,200& \$ 1,200 \\\text { Variable marketing per unit } & \$ 0.30& \$ 0.30 \\\text { Fixed Selling and Administrative } & \$ 320& \$ 320\end{array}$ Full costing operating income for 2018 is calculated to be:

• A) $149.
• B) $430.
• C) $655.
• D) $1,030.
• E) $1,180.

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Definitions:

Literary Work

Written material such as books, poetry, stories, or essays, valued for its artistic or intellectual content.

Political Force

An influence or power exerted by or through political means, entities, or ideologies to affect change or control within a society.

Order of The Star

A historic chivalric order or a society that often has a religious, cultural, or social mission, depending on the context.

Sword and Riding Boots

symbolize military power and the aristocratic lifestyle, often associated with the imagery of cavalry and officers in historical contexts.