Cap Incorporated manufactures ball point pens that sell at wholesale for $0.80 per unit. Budgeted...

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Accounting

Cap Incorporated manufactures ball point pens that sell at wholesale for $0.80 per unit. Budgeted production in both 2021 and 2022 was 14,000 units. There was no beginning inventory in 2021. The following data summarized the 2021 and 2022 operations: Smooth Incorporated manufactures hair brushes that sell at
wholesale for $2.60 per unit. Budgeted production in both
2021 and 2022 was 7,000 units. There was no beginning
inventory in 2021. The following data summarized the
2021 and 2022 operations:
Full costing operating income for 2021 is calculated to
be: (Do not round intermediate calculations. Round
your final answers to whole dollar amounts.)
Multiple Choice
$2,050.
. $3,175.
$3,825.
. $2,282.
$2,354.
Cap Incorporated manufactures ball point pens that sell at
wholesale for $0.80 per unit. Budgeted production in both
2021 and 2022 was 14,000 units. There was no beginning
inventory in 2021. The following data summarized the
2021 and 2022 operations:
Full costing operating income for 2021 is calculated to
be: (Do not round intermediate calculations. Round
your final answers to whole dollar amounts.)
Multiple Choice
$354.
$2,150.
. $1,555.
. $1,930.
. $2,080.
2021
2022
Units sold
12,500
10,000
Units produced
14,000
11,000
Costs:
Variable factory overhead per unit
$ 0.15
$ 0.15
Fixed factory overhead
$ 2,800
$ 2,200
Variable marketing per unit
$ 0.30
$ 0.30
Fixed Selling and Administrative
$ 320
$ 320
Full costing operating income for 2021 is calculated to be: (Do not round intermediate calculations. Round your final answers to whole dollar amounts.)
Multiple Choice
$354.
$2,150.
$1,555.
$1,930.
$2,080.
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