Swan Textiles Inc. produces and sells a decorative pillow for $98.00 per unit. In the first month of operation, 2,200 units were produced and 1,800 units were sold. Actual fixed costs are the same as the amount budgeted for the month. Other information for the month includes:
Variable manufacturing costs ... $23
Variable marketing costs ... $6
Fixed manufacturing costs ... $13
Administrative expenses, all fixed ... $19.5
Ending inventories:
Direct materials ... 0
WIP ... 0
Finished goods ... 450units
What is the ooeratina income usina variable costing?
a. $59,750
b. $74,375
c. $131,250
d. $108,500
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Home » Business » Swan Textiles Inc. produces and sells a decorative pillow for $98.00 per unit. In the first month of operation, 2,200 units were produced and 1,800 units were sold. Actual fixed costs are the same as the amount budgeted for the month.