Start Me Up Incorporated manufactures a caffeinated energy drink that sells for $4.30 each. The...
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Accounting
Start Me Up Incorporated manufactures a caffeinated energy drink that sells for $ each. The results for its first year of operations appear in the table below:
Projections
Number of drinks produced
Number of drinks sold
Direct materials per drink $
Direct labor per drink $
Variable manufacturing overhead per drink $
Total fixed manufacturing overhead $
Total fixed selling and administrative costs $
Required:
Compute the operating income for the first year under full costing.
Compute the operating income for the first year under variable costing.
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