Calculator A business operated at 100% of capacity during its first month, with the following...

80.2K

Verified Solution

Question

Accounting

image
Calculator A business operated at 100% of capacity during its first month, with the following results: Sales (104 units) Production costs (130 units): $520,000 Direct materials Direct labor Variable factory ovrhead Fixed factory overhead $65,000 16,250 29,250 26,000 136,500 Operatigg expenses: $5,580 Variable operating expenses Fixed operating expenses What is the amount of the income from operations that would be reported on the variable costing income statement? Oa. $426,020 O b. $396,480 3,540 9,120 c. $519,870 () d. $510,880 All work saved

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students