During its first year of operations, Carlos Manufacturing Corporation incurred the following costs to produce 8, 000 units of its only product: The company also incurred the following costs in selling 7, 500 units of product during its first year:
Assume that direct labor is a variable cost. If Carlos' absorption costing net operating income for this first year is $118, 125, what would its variable costing net operating income be for this first year?
A) $86, 000
B) $90, 000
C) $104, 125
D) $146, 250
Correct Answer:
Verified
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