Kosco Corporation Produces a Single Product

Multiple Choice

Kosco Corporation produces a single product.The company's absorption costing income statement for March follows: During March,the company's variable production costs were $8 per unit and its fixed manufacturing overhead totaled $5,000. Net operating income under variable costing for March would be:

A) $7,200
B) $7,000
C) $7,600
D) $6,800