COTB MC Qu. 6-67 (Algo) Assume the following information for a... Assume the following information for a company that produced 10,000 units during its first year of operations and sold 8,000 units: Per Unit $ 75 $ 50 $10 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Multiple Choice If the company's absorption costing net operating income during its first year of operations was $73,000, what was its variable costing net operating income during its first year of operations? O O $33,000 $113,000 $133.000 Per Year $13,000 $ 300,000

COTB MC Qu. 6-67 (Algo) Assume the following information for a... Assume the following information for a company that produced 10,000 units during its first year of operations and sold 8,000 units: Per Unit $ 75 $ 50 $10 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Multiple Choice If the company's absorption costing net operating income during its first year of operations was $73,000, what was its variable costing net operating income during its first year of operations? O O $33,000 $113,000 $133.000 Per Year $13,000 $ 300,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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