Last Year,fixed Manufacturing Overhead Costs Were $30,000,variable Production Costs Were

question 126

Multiple Choice

Last year,fixed manufacturing overhead costs were $30,000,variable production costs were $48,000,fixed selling and administration costs were $20,000,and variable selling administrative expenses were $9,600.There was no beginning inventory.During the year,3,000 units were produced and 2,400 units were sold at a price of $40 per unit.Under variable costing,what would be the operating income (loss) ?

• A) $6,000.
• B) $4,000.
• C) ($2,000).
• D) ($4,400).Op.income = 2,400 * $40 - 38,400 - 9,600 - 30,000 - 20,000 = ($2,000)

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