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Leeds Electronics, Which Has Only One Product, Has Provided the Following

question 28

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Leeds Electronics, which has only one product, has provided the following data concerning its most recent month of operations:Leeds Electronics, which has only one product, has provided the following data concerning its most recent month of operations:  -The market price for direct materials was lower last month. The normal cost of direct materials is £26. What is the net operating income for the month under variable costing if the cost of direct material is £26?  A) £(8,700)  B) £(5,700)  C) £14,400 D) (£9,000)
-The market price for direct materials was lower last month. The normal cost of direct materials is £26.
What is the net operating income for the month under variable costing if the cost of direct material is £26?


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