During 2022, Metlock Corp. produced 39,100 units and sold 39,100 for $15 per unit. Variable manufacturing costs were $7

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During 2022 Metlock Corp Produced 39 100 Units And Sold 39 100 For 15 Per Unit Variable Manufacturing Costs Were 7 1 (25.91 KiB) Viewed 41 times

During 2022, Metlock Corp. produced 39,100 units and sold 39,100 for $15 per unit. Variable manufacturing costs were $7 per unit. Annual fixed manufacturing overhead was $117,300 ($3 per unit). Variable selling and administrative costs were $2 per unit sold, and fixed selling and administrative expenses were $19,200. Prepare a variable-costing income statement. MetlockCorp. Income Statement-Variable Costing For the Year Ended December 31, 2022 Sales 586500 Less Variable costs Fixed manufacturing overhead Fixed selling and administrative expenses Operating income > > LA $