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What is net operating income for the month under variable

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Reference no: EM131021133

A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:
Selling price = $123

Unit in beginning inventory = 0
Units produced = 1,000
Units sold = 900
Units in ending inventory = 100
Variable costs per unit:

Direct materials = $41; Direct labor = $26; VMOH = $4; Variable selling and administrative = $6
Fixed costs:
FMOH = $17,000; Fixed selling and administrative = $11,700

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

Question options:
$12,700
$5,600
$1,700
$14,400 

Reference no: EM131021133

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