Multiple Choice
The Browning Company manufactures a single product; the standard costs per unit being variable manufacturing $8, fixed manufacturing $6. Selling and administrative costs are $2 per unit sold. The selling price is $20 per unit. Actual and budgeted fixed overhead is $900,000 for the year. Information about Browning's production activity for the year is:
What is the profit under variable costing?
A) $1 250 000
B) $350 000
C) $500 000
D) Insufficient information to determine
Correct Answer:

Verified
Correct Answer:
Verified
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