Gordon Company produces a single product that sells for $10 per unit. Last year there were no beginning inventories, 100,000 units were produced, and 80,000 units were sold. The company has the following cost structure:
-Net operating income under variable costing would be:
A)$114,000
B)$210,000
C)$234,000
D)$330,000

Question

Gordon Company produces a single product that sells for $10 per unit. Last year there were no beginning inventories, 100,000 units were produced, and 80,000 units were sold. The company has the following cost structure: 
-Net operating income under variable costing would be:
A)$114,000 
B)$210,000 
C)$234,000 
D)$330,000

Quizplus · Accepted Answer

Unit product cost under variable costing:
 11eaa48f_7ba7_e27e_9e4a_3986512e13a2_TB2485_00 
 11eaa48f_7ba7_e27f_9e4a_395458fe93d5_TB2485_00

Gordon Company Produces a Single Product That Sells for $10