The following data are for the year ended December
31, 2021:
Beginning Inventory
170,000
units
Ending Inventory
69,000
units
Sales
690,800
units
Selling Price
33.00
per unit
Variable manufacturing cost per unit
7.65
per unit
Variable operating (marketing) cost per unit sold
1.65
per unit sold
Fixed manufacturing costs
2,880,000
Fixed operating (marketing) costs
2,160,000
The Company budgeted:
450,000
units of goods sold in the month in which it
occurs.
Assume standard costs per unit are the same for
units in beginning inventory and units produced during the
year.
Also, assume no price, spending, or efficiency
variances. Any production-volume variance is written off to cost of
goods sold. Do not type dollar
signs ($) or spaces (_).
What is the Company's Fixed Overhead Cost per
unit?
$per unit
What is the Company's Operating Income
Difference?
$
What is the Company's Production-Volume Variance
(for Absorption)?
$
The following data are for the year ended December 31, 2021: Beginning Inventory 170,000 uni
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