(Appendix 6A) Marcelin Corporation Manufactures and Sells One Product

question 32

Multiple Choice

(Appendix 6A) Marcelin Corporation manufactures and sells one product. The following information pertains to the company's first year of operations:
The company does not have any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, the company produced 51,000 units and sold 46,000 units. The company's only product is sold for $276 per unit.
-The net operating income for the year under super-variable costing is:

• A) $1,593,000
• B) $1,023,000
• C) $1,978,000
• D) $1,483,000

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Definitions:

Measured

Measured refers to the process of quantifying or evaluating something through systematic observation or calculation.

Income Inequality

The unequal distribution of annual or lifetime income among individuals or households in an economy.

Time Dimension

The aspect of any study or phenomenon that pertains to its occurrence, development, or measurement over time.