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Define what is the net operating income for the month

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Reference no: EM131753922

Arron Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

  Selling price $172  
  Units in beginning inventory 0  
  Units produced 9,700  
  Units sold 9,300  
  Units in ending inventory 400  
  Variable costs per unit:  
    Direct materials $33  
    Direct labor $75  
    Variable manufacturing overhead $21  
    Variable selling and administrative $25  
  Fixed costs:  
    Fixed manufacturing overhead $145,500  
    Fixed selling and administrative $10,300  

What is the net operating income for the month under absorption costing?

$40,000

$11,600

$17,600

$6,000

Reference no: EM131753922

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