Johnston Corporation manufactures a single product that it sells for $30 per unit.The company has the following cost structure: Last year there was no beginning inventory.During the year,20,000 units were produced and 17,000 units were sold. The company's net operating income for the year under variable costing is:
A)$110,000
B)$149,000
C)$161,000
D)$170,000

Question

Johnston Corporation manufactures a single product that it sells for $30 per unit.The company has the following cost structure:  Last year there was no beginning inventory.During the year,20,000 units were produced and 17,000 units were sold. The company's net operating income for the year under variable costing is:
A)$110,000 
B)$149,000 
C)$161,000 
D)$170,000

Quizplus · Accepted Answer

The Answer of Johnston Corporation manufactures a single product that it sells for $30 per unit.The company has the following cost structure:  Last year there was no beginning inventory.During the year,20,000 units were produced and 17,000 units were sold. The company's net operating income for the year under variable costing is:
A)$110,000 
B)$149,000 
C)$161,000 
D)$170,000

Johnston Corporation Manufactures a Single Product That It Sells for $30