A business operated at 100% of capacity during its first month, with the following results: Sales (104 units)   $520,000 Production costs (130 units):        Direct materials $65,000        Direct labor 16,250        Variable factory overhead 29,250    Fixed factory overhead 26,000 136,500 Operating expenses:        Variable operating expenses $5,770        Fixed operating expenses 3,540 9,310 The amount of contribution margin that would be reported on the variable costing income statement is a.$422,290 b.$510,690 c.$519,870 d.$425,830

Estimated Income Statements, using Absorption and Variable Costing Prior to the first month of operations ending October 31, Marshall Inc. estimated the following operating results: Sales (23,200 x $81) $1,879,200   Manufacturing costs (23,200 units):   Direct materials 1,127,520   Direct labor 266,800   Variable factory overhead 125,280   Fixed factory overhead 148,480   Fixed selling and administrative expenses 40,400   Variable selling and administrative expenses 48,800   The company is evaluating a proposal to manufacture 25,600 units instead of 23,200 units, thus creating an ending inventory of 2,400 units. Manufacturing the additional units will not change sales, unit variable factory overhead costs, total fixed factory overhead cost, or total selling and administrative expenses. a. 1. Prepare an estimated income statement, comparing operating results if 23,200 and 25,600 units are manufactured in the absorption costing format. If an amount box does not…

A business operated at 100% capacity during its first month of operations, with the following results:   Sales (90 units)   $90,000 Production costs (100 units)         Direct materials $40,000       Direct labor   20,000       Variable factory overhead     2,000       Fixed factory overhead     7,000             Total manufacturing costs     69,000 Operating expenses:         Variable          Variable operating expenses $ 8,000        Fixed operating expenses    1,000              Total operating expenses      9,000 Use this information to complete a variable costing income statement.   Please when completing the  variable costing income statement , offer details where the numbers are coming from.

A business operated at 100% of capacity during its first month, with the following results: Sales (108 units)   $648,000 Production costs (135 units):      Direct materials $87,561      Direct labor 22,356      Variable factory overhead 39,123      Fixed factory overhead 37,260 186,300   Operating expenses:      Variable operating expenses $5,388      Fixed operating expenses 4,203 9,591 The amount of operating income that would be reported on the absorption costing income statement is a.$523,380 b.$647,865 c.$519,177 d.$489,369