A business operated at 100% of capacity during its first month and incurred the following costs: If 2,000 units remain unsold at the end of the month and sales total $300,000 for the month,what is the amount of the manufacturing margin that would be reported on the variable costing income statement?
A) $104,000
B) $106,000
C) $140,000
D) not reported
Correct Answer:
Verified
Q31: Under absorption costing, the amount of income
Q69: A business operated at 100% of capacity
Q70: A business operated at 100% of capacity
Q71: A business operated at 100% of capacity
Q72: A business operated at 100% of capacity
Q73: A business operated at 100% of capacity
Q76: A business operated at 100% of capacity
Q77: The level of inventory of a manufactured
Q78: A business operated at 100% of capacity
Q79: A business operated at 100% of capacity
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents