Question
Shipp, Inc. budgets the following costs for a normal monthly volume of 500 units selling for...
Shipp, Inc. budgets the following costs for a normal monthly volume of 500 units selling for $4,000 each.
|
Manufacturing |
Nonmanufacturing |
|
|
Variable |
$800,000 |
$1,000,000 |
|
Fixed |
600,000 |
400,000 |
|
13. |
The income (loss) using variable costing when 500 units are produced and 400 units are sold is |
|
A) $840,000 loss B) $1,000,000 income C) $480,000 loss D) $600,000 income |
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