A business operated at 100% of capacity during its first month and incurred the following costs: If 1,000 units remain unsold at the end of the month and sales total $150,000 for the month, the amount of operating income reported on the absorption costing income statement would be
A)$50,400
B)$70,000
C)$52,000
D)$68,400

Question

A business operated at 100% of capacity during its first month and incurred the following costs:  If 1,000 units remain unsold at the end of the month and sales total $150,000 for the month, the amount of operating income reported on the absorption costing income statement would be
A)$50,400 
B)$70,000 
C)$52,000 
D)$68,400

Quizplus · Accepted Answer

The Answer of A business operated at 100% of capacity during its first month and incurred the following costs:  If 1,000 units remain unsold at the end of the month and sales total $150,000 for the month, the amount of operating income reported on the absorption costing income statement would be
A)$50,400 
B)$70,000 
C)$52,000 
D)$68,400

A Business Operated at 100% of Capacity During Its First