Examlex

Solved

Aaker Company, Which Has Only One Product, Has Provided the Following

question 140

Multiple Choice

Aaker Company, which has only one product, has provided the following data concerning its most recent month of operations:
 Selling price $99 Units in beginning inventory 0 Units produced 6,300 Units sold 6,000 Units in ending inventory 300 Variable costs per unit:  Direct materials $12 Direct labour $42 Variable manufacturing overhead $6 Variable selling and administrative $6 Fixed costs:  Fixed manufacturing overhead $170,100 Fixed selling and administrative $24,000\begin{array} { | l | r | } \hline \text { Selling price } & \$ 99 \\\hline \text { Units in beginning inventory } & 0 \\\hline \text { Units produced } & 6,300 \\\hline \text { Units sold } & 6,000 \\\hline \text { Units in ending inventory } & 300 \\\hline \text { Variable costs per unit: } & \\\hline \text { Direct materials } & \$ 12 \\\hline \text { Direct labour } & \$ 42 \\\hline \text { Variable manufacturing overhead } & \$ 6 \\\hline \text { Variable selling and administrative } & \$ 6 \\\hline \text { Fixed costs: } & \\\hline \text { Fixed manufacturing overhead } & \$ 170,100 \\\hline \text { Fixed selling and administrative } & \$ 24,000 \\\hline\end{array}



-What is the operating income (loss) for the month under variable costing?


Definitions:

Diary

A personal journal where individuals record their thoughts, feelings, and experiences.

Past Participle

A grammatical form of a verb used to indicate a past or completed action or condition, often ending in -ed or -en in English.

Rare Plant Species

Plant species that are uncommon or scarce in their natural habitat, often due to environmental changes or human activities.

Human Needs

Fundamental requirements necessary for individuals to sustain a healthy and adequate life, including physiological, safety, love/belonging, esteem, and self-actualization needs.

Related Questions