Springer began business at the start of the current year.The company planned to produce 40,000 units,and actual production conformed to expectations.Sales totaled 37,000 units at $42 each.Costs incurred were:
If there were no variances,the company's absorption-costing income would be:
A)$155,000.
B)$230,000.
C)$240,500.
D)$592,000.
E)some other amount.

Question

Springer began business at the start of the current year.The company planned to produce 40,000 units,and actual production conformed to expectations.Sales totaled 37,000 units at $42 each.Costs incurred were: 
If there were no variances,the company's absorption-costing income would be:
A)$155,000. 
B)$230,000. 
C)$240,500. 
D)$592,000. 
E)some other amount.

Quizplus · Accepted Answer

The Answer of Springer began business at the start of the current year.The company planned to produce 40,000 units,and actual production conformed to expectations.Sales totaled 37,000 units at $42 each.Costs incurred were: 
If there were no variances,the company's absorption-costing income would be:
A)$155,000. 
B)$230,000. 
C)$240,500. 
D)$592,000. 
E)some other amount.

Springer Began Business at the Start of the Current Year