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Assume that a company maintains no beginning inventory. It produced 4,000 units and sold 3,800...

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Accounting

Assume that a company maintains no beginning inventory. It produced 4,000 units and sold 3,800 units of only one product for a price of $130 per unit. Its unit product cost under absorption costing includes variable manufacturing costs per unit are $80 and its fixed manufacturing overhead per unit is $24. Its variable selling and administrative expense is $12 per unit and its fixed selling and administrative expense is $50,000. What is the companys net operating income under absorption costing?

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