The HF Corporation manufactures and sells toy gyroscopes. The following data is related to sales and production of the toy gyroscopes...
vfeThe HF Corporation manufactures and sells toy gyroscopes. The following data is
related to sales and production of the toy gyroscopes for last year.
Selling price per unit $8.00
Variable manufacturing costs per unit $1.83
Variable selling and administrative expenses per unit $4.45
Fixed manufacturing overhead (in total) $75,000
Fixed selling and administrative expenses (in total) $80,000
Units produced during the year 500,000
Units sold during the year 150,000
Using absorption costing, what is operating income for last year?
9 years ago
999999.99
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