Multiple Choice
During its first year of operations,Carlos Manufacturing Corporation incurred the following costs to produce 8,000 units of its only product: The company also incurred the following costs in selling 7,500 units of product during its first year:
Assume that direct labor is a variable cost. If Carlos' absorption costing net operating income for this first year is $118,125,what would its variable costing net operating income be for this first year?
A) $86,000
B) $90,000
C) $104,125
D) $146,250
Correct Answer:

Verified
Correct Answer:
Verified
Q118: Which of the following costs at a
Q119: Hanks Corporation produces a single product.Operating data
Q120: Farron Corporation,which has only one product,has provided
Q121: Yankee Corporation manufactures a single product.The company
Q122: Peals Corporation has two divisions: Home Division
Q124: Crystal Corporation produces a single product.The company's
Q125: Crossbow Corp.produces a single product.Data concerning June's
Q126: Keefe Corporation has two divisions: Western Division
Q127: Pevy Corporation has two divisions: Southern Division
Q128: Kadle Corporation has two divisions: Division L