Homework Answers
Solution:
Unit product cost = Variable manufacturing cost per unit + Fixed manufacturing cost per unit =$62 + ($30,000 / 1600) = $81 per unit
Operating income for last year = Sales revenue - Cost of goods sold - Selling and administrative expenses
= (1000*$170) - (1000*$81) - (1000*$9 + $9,000)
= $71,000
Hence option D is correct.
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