B MC Qu. 19-127 (Algo) Decker Industries reported the following... Decker Industries reported...
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B MC Qu. 19-127 (Algo) Decker Industries reported the following...
Decker Industries reported the following monthly data:
Units produced
62,000
units
Sales price
$ 43
per unit
Direct materials
$ 2.50
per unit
Direct labor
$ 3.50
per unit
Variable overhead
$ 4.50
per unit
Fixed overhead
$ 235,000
in total
What is the company's contribution margin for this month if 60,000 units were sold?
Multiple Choice
$2,015,000
$2,666,000
$1,950,000
$2,580,000
$2,220,000
TB MC Qu. 19-133 (Algo) Ryanbay, Incorporated had net income of...
Ryanbay, Incorporated had net income of $908,000 based on variable costing. Beginning and ending inventories were 55,800 units and 53,600 units, respectively. Assume the fixed overhead per unit was $1.65 for both the beginning and ending inventory. What is net income under absorption costing?
Multiple Choice
$817,745
$900,740
$998,255
$904,370
$908,000
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