Posted: August 4th, 2016

What is net income under variable costing?

Tyson Manufacturing has the following cost information available for 2009:

Direct Materials= $6/ unit
Direct labor= $2/ unit
Variable manufacturing Overhead= $1.50/ unit
Variable selling and administrative costs= $3/ unit
Fixed Manufacturing Overhead= $40,000
Fixed Selling and administrative costs= ,000

During 2009, Tyson Manufacturing 10,000 units out of which 9,100 units were sold for $50 each.

What is net income under variable costing?
a) $251,250
b) $254,850
c) $285,000
d) $291,250

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
Live Chat+1-631-333-0101EmailWhatsApp