Multiple Choice
Pungent Corporation manufactures and sells a spice rack.Shown below are the actual operating results for the first two years of operations:
Pungent's selling price and unit variable cost and total fixed cost were the same for both years.What is Pungent's variable costing net operating income for Year 2?
A) $48,000
B) $50,000
C) $54,000
D) $56,000
Correct Answer:
Verified
Correct Answer:
Verified
Q192: Under variable costing, only variable production costs
Q200: Neelon Corporation has two divisions: Southern Division
Q201: Neef Corporation has provided the following data
Q205: Elbrege Corporation manufactures a single product. The
Q206: Gabuat Corporation, which has only one product,
Q207: Quates Corporation produces a single product and
Q208: Data for January for Bondi Corporation and
Q209: Nelter Corporation,which has only one product,has provided
Q344: Generally speaking, net operating income under variable
Q365: Net operating income computed using absorption costing