A manufacturing company that produces a single product has provided the followin

Question

A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $220 Units in beginning inventory 0 Units produced 4,400 Units sold 2,400 Units in ending inventory 2,000 Variable costs per unit: Direct materials $29.00 Direct labor $45.00 Variable manufacturing overhead $10.00 Variable selling and administrative $10.00 Fixed costs: Fixed manufacturing overhead $120,000 Fixed selling and administrative $76,000 What is the net operating income (loss) for the month under variable costing? A.)$24,000 B.)$130,400 C.)$(81,600) D.)$106,400

Explanation / Answer

A)

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