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Ramon Company Reported the Following Units of Production and Sales

Question 218

Multiple Choice

Ramon Company reported the following units of production and sales for June and July: Income under absorption costing for June was $40,000; income under variable costing for July was $50,000.Fixed costs were $600,000 for each month.
Ramon Company reported the following units of production and sales for June and July: Income under absorption costing for June was $40,000; income under variable costing for July was $50,000.Fixed costs were $600,000 for each month. - How much was income for June using variable costing? A) $40,000 B) $20,000 C) $(40,000) D) $(20,000)
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How much was income for June using variable costing?


A) $40,000
B) $20,000
C) $(40,000)
D) $(20,000)

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