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Calculate the variable cost per calculator

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Reference no: EM133119672

Question - Colorado Business Tools manufactures calculators. Costs incurred in making 9,980 calculators in February included $30,000 of fixed manufacturing overhead. The total absorption cost per calculator was $10.80.

Required -

a. Calculate the variable cost per calculator.

b. The ending inventory of calculators was 740 units higher at the end of the month than at the beginning of the month. By how much and in what direction (higher or lower) would operating income for the month of February be different under variable costing than under absorption costing?

c. Express the calculator cost in a cost formula.

Reference no: EM133119672

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