Medbam,Inc.has collected the following data.(There are no beginning inventories. ):

What is the operating income using absorption costing? (Round any intermediate calculations to the nearest cent,and your final answer to the nearest dollar. )
A)$28,500
B)$21,000
C)$6,000
D)$13,500

Question

Medbam,Inc.has collected the following data.(There are no beginning inventories. ):

What is the operating income using absorption costing? (Round any intermediate calculations to the nearest cent,and your final answer to the nearest dollar. )
A)$28,500 
B)$21,000 
C)$6,000 
D)$13,500

Quizplus · Accepted Answer

C)
 11ea8a42_4f9c_eba2_8b44_4d7308bf9207_TB5024_00 Selling and Administrative Costs
Variable Selling and
 11ea8a42_4f9d_12b3_8b44_b12e9a3c6174_TB5024_00 *Cost of Goods Sold,per unit: 20 + 25 + 40 + (14,000 / 500)= 113.00