Pane Inc. manufactures hair brushes that sell at wholesale for $2.60 per unit. Budgeted production in both 2015 and 2016 was 2,500 units. There was no beginning inventory in 2015. The following data summarized the 2015 and 2016 operations: Year Units sold Units produced Sales price per unit 2015 2016 2,500 3,000 3,000 2,500 $2.60 $2.60 Costs: Direct materials per unit $ 0.10 $ 0.10 Direct labor per unit $ 0.20 $ 0.20 Variable factory overhead per unit $ 0.40 $ 0.40 Fixed factory overhead $ 1,200.00 $ 1,200.00 Variable selling per unit sold $ 0.90 $ 0.90 Fixed administrative $ 650.00 $ 650.00 Compute: 1. Absorption costing operating income for 2015. 2. Variable costing operating income for 2015.

HairNeat Inc. manufactures hair brushes that sell at wholesale for $2.60 per unit. Budgeted production in both 2016 and 2017 was 3,000 units. There was no beginning inventory in 2016. The following data summarized the 2016 and 2017 operations:    2016 2017 Units sold 2,500 3,200 Units produced 3,000 3,000 Costs:     Variable manufacturing costs per unit $0.65 $0.65 Fixed factory overhead $1,290 $1,290 Variable marketing per unit $0.80 $0.80 Fixed Selling and Administrative $650 $650  What is the value of closing inventory in 2016 under absorption costing? Question 9 options:   1)  $325   2)  $540   3)  $195   4)  $324 Next Page

HairNeat Inc. manufactures hair brushes that sell at wholesale for $2.60 per unit. Budgeted production in both 2016 and 2017 was 3,000 units. There was no beginning inventory in 2016. The following data summarized the 2016 and 2017 operations:    2016 2017 Units sold 2,500 3,200 Units produced 3,000 3,000 Costs:     Variable manufacturing costs per unit $0.65 $0.65 Fixed factory overhead $1,290 $1,290 Variable marketing per unit $0.80 $0.80 Fixed Selling and Administrative $650 $650 Variable costing operating income for 2016 is calculated to be:   Question 8 options:   1)  $935   2)  $1,150   3)  $1,200   4)  $1,352

HairNeat Inc. manufactures hair brushes that sell at wholesale for $2.60 per unit. Budgeted production in both 2016 and 2017 was 3,000 units. There was no beginning inventory in 2016. The following data summarized the 2016 and 2017 operations:    2016 2017 Units sold 2,500 3,200 Units produced 3,000 3,000 Costs:     Variable manufacturing costs per unit $0.65 $0.65 Fixed factory overhead $1,290 $1,290 Variable marketing per unit $0.80 $0.80 Fixed Selling and Administrative $650 $650 Absorption costing operating income for 2016 is calculated to be:   Question 9 options:   1)  $935   2)  $1,150   3)  $1,200   4)  $1,352

Writer One Inc. manufactures ball point pens that sell at wholesale for $0.80 per unit. Budgeted production in both 2018 and 2019 was 14,500 units. There was no beginning inventory in 2018. The following data summarized the 2018 and 2019 operations:     2018 2019 Units sold   13,000     12,500   Units produced   14,500     13,500   Costs:             Variable factory overhead per unit $ 0.15   $ 0.15   Fixed factory overhead $ 2,900   $ 2,700   Variable marketing per unit $ 0.30   $ 0.30   Fixed Selling and Administrative $ 320   $ 320       Full costing operating income for 2019 is calculated to be: (Do not round intermediate calculations. Round your final answers to whole dollar amounts.)   Multiple Choice   $225.   $655.   $1,555.   $2,150.   $1,780.

Zhender Inc. manufactures hair brushes that sell at wholesale for $2.60 per unit. Budgeted production in both 2018 and 2019 was 4,400 units. There was no beginning inventory in 2018.The following data summarized the 2018 and 2019 operations:   2018 2019 Units sold 3,200 4,600 Units produced 4,400 4,400 Costs:     Variable factory overhead per unit $0.55 $0.65 Fixed Factory Overhead $1,980 $1,980 Variable Marketing per unit $0.75 $1.00 Fixed Selling and Administrative $650 $650 Full cost operating income for 2018 is calculated to be: (Do not round immediate calculations. Round final answers to whole dollar amounts)

Writer One Inc. manufactures ball point pens that sell at wholesale for $0.80 per unit. Budgeted production in both 2018 and 2019 was 8,500 units. There was no beginning inventory in 2018. The following data summarized the 2018 and 2019 operations:     2018 2019 Units sold   7,000     6,500   Units produced   8,500     7,500   Costs:             Variable factory overhead per unit $ 0.15   $ 0.15   Fixed factory overhead $ 1,700   $ 1,500   Variable marketing per unit $ 0.30   $ 0.30   Fixed Selling and Administrative $ 320   $ 320       Full costing operating income for 2019 is calculated to be:

Zhender Inc. manufactures hair brushes that sell at wholesale for $2.60 per unit. Budgeted production in both 2018 and 2019 was 3,800 units. There was no beginning inventory in 2018. The following data summarized the 2018 and 2019 operations:     2018 2019 Units sold   2,900     4,000   Units produced   3,800     3,800   Costs:             Variable factory overhead per unit $ 0.55   $ 0.65   Fixed factory overhead $ 1,710   $ 1,710   Variable marketing per unit $ 0.75   $ 1.00   Fixed Selling and Administrative $ 650   $ 650       Full costing operating income for 2018 is calculated to be: (Do not round intermediate calculations. Round your final answers to whole dollar amounts.) rev: 04_17_2020_QC_CS-208664   Multiple Choice   $1,470.   $1,815.   $1,825.   $1,517.   $1,410.

Zhender Inc. manufactures hair brushes that sell at wholesale for $2.50 per unit. Budgeted production in both 2018 and 2019 was 4,600 units. There was no beginning inventory in 2018. The following data summarized the 2018 and 2019 operations:     2018 2019 Units sold   3,300     4,800   Units produced   4,600     4,600   Costs:             Variable factory overhead per unit $ 0.65   $ 0.65   Fixed factory overhead $ 1,978   $ 2,070   Variable marketing per unit $ 0.75   $ 0.80   Fixed Selling and Administrative $ 650   $ 650       Variable costing operating income for 2019 is calculated to be: (Do not round intermediate calculations. Round your final answers

Zhender Inc. manufactures hair brushes that sell at wholesale for $2.60 per unit. Budgeted production in both 2018 and 2019 was 3,000 units. There was no beginning inventory in 2018. The following data summarized the 2018 and 2019 operations:     2018 2019 Units sold   2,500     3,200   Units produced   3,000     3,000   Costs:             Variable factory overhead per unit $ 0.65   $ 0.65   Fixed factory overhead $ 1,290   $ 1,290   Variable marketing per unit $ 0.80   $ 0.80   Fixed Selling and Administrative $ 650   $ 650       Full costing operating income for 2018 is calculated to be: