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15 July, 09:01

A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: What is the net operating income for the month under variable costing?

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  1. 15 July, 10:47
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    Answer:$192.200

    Explanation: sales revenue ($135 * 6,200) ... $837,000 Variable cost: ... Direct materials ($49 * 6,200) ... $303,800 Direct labor ($38 * 6,200) ... 235,000 Variable manufacturing overhead ($6 * 6,200) ... 37,200 Variable selling and administrative ($11 * 6,200) ... 68,200 644,800 Contribution margin ... $192,200
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