Green Company sells its product for $11,000 per unit. Variable costs per unit are: manufacturing, $6,000; and selling and administrative, $125. Fixed costs are: $30,000 manufacturing overhead, and $40,000 selling and administrative. There was no beginning inventory at 1/01/05. Production was 20 units per year in 2005-07. Sales was 20 units in 2005, 16 units in 2006, and 24 units in 2007. Income under variable costing for 2006 is
2007-10-15
16:38:38
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Other - Business & Finance