Writer One Inc. manufactures ball point pens that sell at wholesale for $0.80 per unit....

90.2K

Verified Solution

Question

Accounting

image
image
Writer One Inc. manufactures ball point pens that sell at wholesale for $0.80 per unit. Budgeted production in both 2018 and 2019 was 9,500 units. There was no beginning inventory in 2018. The following data summarized the 2018 and 2019 operations: 2018 2019 8,000 5,500 9,500 6,500 Units sold Units produced Costs: Variable factory overhead per unit Fixed factory overhead Variable marketing per unit Fixed Selling and Administrative $ 0.15 $ 0.15 $1,900 $1,300 $ 0.30 $ 0.30 $ 320 $ 320 Full costing operating income for 2018 is calculated to be: (Do not round Intermediate calculations. Round your final answers to whole dollar amounts.) Multiple Choice $1,260 Multiple Choice $1,260 $880 $2,150 $1,410 $200

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