A business operated at 100% of capacity during its first month and incurred the following costs: If 1,000 units remain unsold at the end of the month and sales total $150,000 for the month, the amount of manufacturing margin that would be reported on the absorption costing income statement is
A)$50,000
B)$54,000
C)not reported
D)$70,000

Question

A business operated at 100% of capacity during its first month and incurred the following costs:  If 1,000 units remain unsold at the end of the month and sales total $150,000 for the month, the amount of manufacturing margin that would be reported on the absorption costing income statement is
A)$50,000 
B)$54,000 
C)not reported 
D)$70,000

Quizplus · Accepted Answer

The Answer of A business operated at 100% of capacity during its first month and incurred the following costs:  If 1,000 units remain unsold at the end of the month and sales total $150,000 for the month, the amount of manufacturing margin that would be reported on the absorption costing income statement is
A)$50,000 
B)$54,000 
C)not reported 
D)$70,000

A Business Operated at 100% of Capacity During Its First