Heung, inc reports the following information for the year ended December 31: units sold 590...
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Accounting
Heung, inc reports the following information for the year ended December 31:
units sold 590 units
direct materials $29 per unit
direct labor $12 per unit
Variable manufacturing overhead $14 per unit
Fixed manufacturing overhead $30 per unit
Variable selling and administrative cost $6 per unit
Fixed selling and administrative costs 12,300 per year
The operating income calculated using variable costing and absorption costing amounted to $9,200 and $12,200, respectively. there were no beginning inventories. determine the total fixed manufacturing overhead that will be expensed under variable costing for the year.
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