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Bethel,Inc What Is the Operating Income Using Variable Costing If 500

question 199

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Bethel,Inc.has collected the following data.(There are no beginning inventories.)  Units produced 600 units  Sales price $120 per unit  Direct materials $10 per unit  Direct labor $10 per unit  Variable manufacturing overhead $7 per unit  Fixed manufacturing overhead $16,400 per year  Variable selling and administrative costs $7 per unit  Fixed selling and administrative costs $11,700 per year \begin{array} { | l | r | c | } \hline \text { Units produced } & 600 & \text { units } \\\hline \text { Sales price } & \$ 120 & \text { per unit } \\\hline \text { Direct materials } & \$ 10 & \text { per unit } \\\hline \text { Direct labor } & \$ 10 & \text { per unit } \\\hline \text { Variable manufacturing overhead } & \$ 7 & \text { per unit } \\\hline \text { Fixed manufacturing overhead } & \$ 16,400 & \text { per year } \\\hline \text { Variable selling and administrative costs } & \$ 7 & \text { per unit } \\\hline \text { Fixed selling and administrative costs } & \$ 11,700 & \text { per year } \\\hline\end{array} What is the operating income using variable costing if 500 units are sold?


Definitions:

Shaman

A person regarded as having access to, and influence in, the world of good and evil spirits, often within indigenous and tribal societies, performing healings and rituals.

Differences

The state or condition of not being the same; variations between entities in characteristics, qualities, or properties.

Worldview

The fundamental cognitive orientation of an individual or society encompassing the entirety of their knowledge and point of view.

Shamanism

A range of traditional beliefs and practices concerned with communication with the spirit world through ritualistic healing and trance states.

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