Swan Textiles Inc. produces and sells a d operation, 2,200 units were produced and 1,800...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Swan Textiles Inc. produces and sells a d operation, 2,200 units were produced and 1,800 units were sold. Actual fixed costs are the same amount budgeted for the month. Other information for the month includes Variable manufacturing costs $22.00 Variable marketing costs Fixed manufacturing costs Administrative expenses, all fixed $19.50 Ending inventories: Direct materials WIP ecorative pillow for $98.00 per unit. In the first month df per unit per unit per unit per unit $3.90 $14.00 minus-0minus- minus-Ominus- 400 units Finished goods What is the operating income using variable costing? $56,080 This is the correct
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!