Fasetech, Inc. has collected the following data.? (There are no beginning? inventories.)
...
Fasetech, Inc. has collected the following data.? (There are no beginning? inventories.)
Units produced
510
units
Sales price
?$150
per unit
Direct materials
?$16
per unit
Direct labor
?$10
per unit
Variable manufacturing overhead
?$10
per unit
Fixed manufacturing overhead
?$16,000
per year
Variable selling and administrative costs
?$9
per unit
Fixed selling and administrative costs
?$10,500
per year
What is the operating income using absorption costing if 500 units are? sold? (Round any intermediate calculations to the nearest? cent, and your final answer to the nearest? dollar.)
A.?$27,500
B.?$38,315
C.?$26,315
D.?$31,641
Answers: 1
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