Question

A manufacturing company that produces a single product has provided the following data concerning its most recent month of op
A company that produces a single product had a net operating income of $87,000 using variable costing and a net operating inc
Croft Corporation produces a single product. Last year, the company had a net operating income of $99,000 using absorption co
Uchimura Corporation has two divisions: the AFE Division and the GBI Division. The corporations net operating income is $11.
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Answer #1

Gross Margin under absorption costing = Sales – Cost of goods sold

= (110-41-15-7)*2100 – 64,800

= $33,900

Fixed manufacturing overhead becomes a part of product cost under absorption costing

Fixed manufacturing overhead per unit = 57120/11200 = $5.1 per unit

Difference in Operating Income = $32,240

Units in ending Inventory = 32,240/5.1 = 6,322 units

The answer is

Increased by 6322 units

Units in ending inventory = (99000-84300)/10 = 1470 units

Sales = 22,900-1470 = 21,430 units

Common Fixed expense = Segment margin – Net Operating income

= $114,900

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