Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations: $ 156 Selling price Units in beginning inventory Units produced Units sold 9,500 9,100 Units in ending inventory 400 Variable costs per unit: $ 29 $ 71 $ 17 $ 21 Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $ 142,500 $ 9,900 What is the net operating income (loss) for the month under variable costing?

Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price Units in beginning inventory Units produced $ 172 0 9,700 9,300 400 Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense What is the net operating income (loss) for the month under variable costing? $6,000 $11,600 $17,600 ($40,000) $ 33 $75 $21 $ 25 $ 145,500 $ 10,300

A condensed income statement by product line for British Beverage Inc. indicated the following for King Cola for the past year: Sales $235,100 Cost of goods sold 112,000 Gross profit $123,100 Operating expenses 145,000 Loss from operations $(21,900) It is estimated that 16% of the cost of goods sold represents fixed factory overhead costs and that 19% of the operating expenses are fixed. Since King Cola is only one of many products, the fixed costs will not be materially affected if the product is discontinued. a.  Prepare a differential analysis, dated March 3, to determine whether to Continue King Cola (Alternative 1) or Discontinue King Cola (Alternative 2). If an amount is zero, enter zero "0". For those boxes in which you must enter subtracted or negative numbers use a minus sign. Differential AnalysisContinue King Cola (Alt. 1) or Discontinue King Cola (Alt. 2)March 3   Continue KingCola (Alternative 1) Discontinue KingCola (Alternative 2) Differential…

Data concerning Dakota Enterprises' operations last year appear below: Units in the Beginning Inventory -0- Units Units Produced 4,000 Units Units Sold 3,900 Units Selling Price Per Unit $140   Variable Costs Per Unit:           Direct Material $41         Direct Labor 43         Manufacturing Overhead 6         Sellling and Administrative Costs 4   Fixed Costs in Total:           Manufacturing Overhead $84,000         Selling and Administrative Costs 39,000   Match each of the following items with the proper amount.                                                                                                                               Unit Product Cost , Using Absorption Costing                                                                                                                               Unit Gross Margin…