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Groovelex Inc

Question 36

Multiple Choice

Groovelex Inc.reports the following information for the year ended December 31,2014: Groovelex Inc.reports the following information for the year ended December 31,2014:    -The operating profit calculated using variable costing and absorption costing amounted to $9,270 and $11,250,respectively.There were no beginning inventories.Determine the total fixed manufacturing overhead that will be expensed under variable costing for the year 2014. A) $10,230 B) $8,250 C) $20,750 D) $25,000
-The operating profit calculated using variable costing and absorption costing amounted to $9,270 and $11,250,respectively.There were no beginning inventories.Determine the total fixed manufacturing overhead that will be expensed under variable costing for the year 2014.


A) $10,230
B) $8,250
C) $20,750
D) $25,000

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