How much was income for july using absorption costing

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Reference no: EM13775544

Ramon Company reported the following units of productions and sales for June and July:

Month Units

Produced Sold

June 100,000 90,000

July 100,000 105,000

Income under absorption costing for Junes was $40,000; income under variable costing for July was $50,000. Fixed costs were $600,000 for each month.

How much was income for July using absorption costing?

A) 50,000

B) 20,000

C) 80,000

D) 40,000

Reference no: EM13775544

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