Marshall,Inc The Beginning Finished Goods Inventory Costs Were $3400 Under Absorption

question 82

Multiple Choice

Marshall,Inc.has collected the following data for the current year: $$\begin{array} { | l | r | l | } \hline \text { Beginning Finished Goods Inventory } & 50 & \text { units } \\\hline \text { Units produced } & 510 & \text { units } \\\hline \text { Units sold } & 560 & \text { units } \\\hline \text { Sales price } & \$ 160 & \text { per unit } \\\hline \text { Direct materials } & \$ 25 & \text { per unit } \\\hline \text { Direct labor } & \$ 14 & \text { per unit } \\\hline \text { Variable manufacturing overhead } & \$ 17 & \text { per unit } \\\hline \text { Fixed manufacturing overhead } & \$ 12,000 & \text { per year } \\\hline \text { Variable selling and administrative costs } & \$ 4 & \text { per unit } \\\hline \text { Fixed selling and administrative costs } & \$ 13,000 & \text { per year } \\\hline\end{array}$$ The beginning Finished Goods Inventory costs were $3400 under absorption costing and $3000 under variable costing.What is the operating income using absorption costing? (Round any intermediate calculations to the nearest cent,and your final answer to the nearest dollar.)

• A)$45,640
• B)$30,400
• C)$43,400
• D)$3400

Recognize the roles and limitations of the U.S. Congress, the President, and the Judiciary under the U.S. Constitution.

Identify the importance of the Bill of Rights and subsequent amendments in regulating business.

Understand the constitutional basis for the regulation of commercial speech.

Comprehend the doctrine of judicial review as established in Marbury v. Madison.

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Civil War Remembrance

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Racial Equality

The principle that individuals, irrespective of their race, should have access to the same rights, opportunities, and respect.