Barrett,Inc.reports the following information for the year ended December 31:

The beginning Finished Goods Inventory costs were $3300 under absorption costing and $3420 under variable costing.
What is the operating income using variable costing?

Question

Barrett,Inc.reports the following information for the year ended December 31:

The beginning Finished Goods Inventory costs were $3300 under absorption costing and $3420 under variable costing.
What is the operating income using variable costing?

Quizplus · Accepted Answer

C)
 11ea86ed_2b85_9fd5_8b27_01eae5e40fdc_TB3056_00 11ea86ed_2b85_c6e6_8b27_8bfd108c4c87_TB3056_00 Variable Costs:
 11ea86ed_2b85_c6e7_8b27_d14be078a666_TB3056_00 11ea86ed_2b85_c6e8_8b27_c1eb52f7f386_TB3056_00 Fixed Costs:
 11ea86ed_2b85_edf9_8b27_4bd762c20b93_TB3056_00 *Variable manufacturing costs per unit: 30 + 12 + 15 = 57