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

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Hatfield Company, which has only one product, has provided the following data concerning its most recent month of operations:
 Selling price $123 Units in beginning inventory 0 Units produced 6,400 Units in ending inventory 300 Variable costs per unit:  Direct materials $45 Direct labour $30 Variable manufacturing overhead $1 Variable selling and administrative $8 Fixed costs:  Fixed manufacturing overhead $140,800 Fixed selling and administrative $91,500\begin{array} { | l | r | } \hline \text { Selling price } & \$ 123 \\\hline \text { Units in beginning inventory } & 0 \\\hline \text { Units produced } & 6,400 \\\hline \text { Units in ending inventory } & 300 \\\hline \text { Variable costs per unit: } & \\\hline \text { Direct materials } & \$ 45 \\\hline \text { Direct labour } & \$ 30 \\\hline \text { Variable manufacturing overhead } & \$ 1 \\\hline \text { Variable selling and administrative } & \$ 8 \\\hline \text { Fixed costs: } & \\\hline \text { Fixed manufacturing overhead } & \$ 140,800\\ \hline \text { Fixed selling and administrative } & \$ 91,500 \\\hline\end{array}

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

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Delayed Rewards

Benefits or gratifications that are received after a time delay rather than immediately, often requiring patience or long-term effort.

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