Examlex

Solved

Zhender Inc Full Costing Operating Income for 2018 Is Calculated to Be

question 96

Multiple Choice

Zhender Inc. manufactures hair brushes that sell at wholesale for $2.60 per unit. Budgeted production in both 2018 and 2019 was 3,000 units. There was no beginning inventory in 2018. The following data summarized the 2018 and 2019 operations: 20182019 Units sold 2,5003,200 Units produced 3,0003,000 Costs:  Variable factory overhead per unit $0.65$0.65 Fixed factory overhead $1,290$1,290 Variable marketing per unit $0.80$0.80 Fixed Selling and Administrative $650$650\begin{array}{lcc} & 2018 & 2019 \\\text { Units sold } & 2,500 & 3,200 \\\text { Units produced } & 3,000 & 3,000\\\text { Costs: }\\\text { Variable factory overhead per unit } & \$ 0.65 & \$ 0.65 \\\text { Fixed factory overhead } & \$ 1,290 & \$ 1,290 \\\text { Variable marketing per unit } & \$ 0.80 & \$ 0.80 \\\text { Fixed Selling and Administrative } & \$ 650 & \$ 650\end{array} Full costing operating income for 2018 is calculated to be:


Definitions:

Middle Managers

Managers who oversee the work of junior managers and report to higher-level executives, acting as a link between the executive level and the operational staff.

Top Managers

Individuals holding senior positions within an organization, responsible for making strategic decisions and guiding the organization towards its goals.

Full Commitment

A state of being fully dedicated and loyal to a cause, activity, or goal, showing no doubt or hesitation in one's support or involvement.

Managers Interaction

The process of communication and collaboration among managers within an organization to achieve business objectives.

Related Questions