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Cap Incorporated manufactures ball point pens that sell at wholesale for $0.80 per unit. Budgeted...

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Accounting

Cap Incorporated manufactures ball point pens that sell at wholesale for $0.80 per unit. Budgeted production in both 2021 and 2022 was 14,000 units. There was no beginning inventory in 2021. The following data summarized the 2021 and 2022 operations:
20212022
Units sold 12,50010,000
Units produced 14,00011,000
Costs:
Variable factory overhead per unit $ 0.15 $ 0.15
Fixed factory overhead $ 2,800 $ 2,200
Variable marketing per unit $ 0.30 $ 0.30
Fixed Selling and Administrative $ 320 $ 320
Full costing operating income for 2021 is calculated to be: (Do not round intermediate calculations. Round your final answers to whole dollar amounts.)
Multiple Choice
$354.
$2,150.
$1,555.
$1,930.
$2,080.

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