Managerial accounting Study Set 9
Quiz 8: Variable Costing: a Tool for Management
What was the operating income for the month under variable costing? A) $2,100. B) $17,800. C) $18,500. D) $25,900.
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What was the unit product cost for the month under absorption costing? A) $74. B) $81. C) $83. D) $90.
What was the total period cost for the month under variable costing? A) $0. B) $61,600. C) $230,700. D) $310,800.
What was the amount of fixed manufacturing overhead deferred under absorption costing? A) $0. B) $2,100. C) $2,800. D) $61,600.Cost deferred = 300 * 61,600/8,800 = $2,100.
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