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Question
7118 * 70,000 = 49,826Total "u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6 $111,690
Initial cost "u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6... (110,000)
Net present value "u00a6"u00a6"u00a6"u00a6"u00a6"u00a6 $ 1,690
Answer
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Variable manufacturing overhead
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Total fixed overhead $85,000
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Direct labor $2.50 per unit
Variable overhead $3.50 per unit
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Given the Cool Pools Company data, what is net income using absorption costing?
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E. $276,250
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Given the Galaxy, Inc. data, what is net income using absorption costing?
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E. $16,220,000