(Appendix 5A)Phoeuk Corporation manufactures and sells one product.The following information pertains to the company's first year of operations: The company does not have any variable manufacturing overhead costs or variable selling and administrative costs.During its first year of operations, the company produced 41, 000 units and sold 40, 000 units.The company's only product is sold for $231 per unit. The net operating income for the year under super-variable costing is:
A)$802, 000
B)$714, 000
C)$880, 000
D)$824, 000

Question

(Appendix 5A)Phoeuk Corporation manufactures and sells one product.The following information pertains to the company's first year of operations:  The company does not have any variable manufacturing overhead costs or variable selling and administrative costs.During its first year of operations, the company produced 41, 000 units and sold 40, 000 units.The company's only product is sold for $231 per unit. The net operating income for the year under super-variable costing is:
A)$802, 000 
B)$714, 000 
C)$880, 000 
D)$824, 000

Quizplus · Accepted Answer

The Answer of (Appendix 5A)Phoeuk Corporation manufactures and sells one product.The following information pertains to the company's first year of operations:  The company does not have any variable manufacturing overhead costs or variable selling and administrative costs.During its first year of operations, the company produced 41, 000 units and sold 40, 000 units.The company's only product is sold for $231 per unit. The net operating income for the year under super-variable costing is:
A)$802, 000 
B)$714, 000 
C)$880, 000 
D)$824, 000

(Appendix 5A)Phoeuk Corporation Manufactures and Sells One Product