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Wahler Corporation manufactures and sells one product. In the company's first year of operations, the variable cost consisted solely of direct materials of $85 per unit. The annual fixed costs were $640,000 of direct labor cost, $2,208,000 of fixed manufacturing overhead expense, and $1,140,000 of fixed selling and administrative expense. The company does not have any variable manufacturing overhead costs or variable selling and administrative costs. During its first year of operations, the company produced 32,000 units and sold 30,000 units. The company's only product is sold for $249 per unit. The net operating income for the year under super-variable costing is:
Tea Party
A grassroots Republican movement that emerged in 2009 named for the Boston Tea Party of the 1770s. The Tea Party opposed the Obama administration’s sweeping legislative enactments and advocated for a more stringent immigration policy.
Fourteenth Amendment
1868 constitutional amendment that guaranteed rights of citizenship to former slaves, in words similar to those of the Civil Rights Act of 1866.
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