The information below is for Casey Corporation. Product sales: 1,000 units at $10 each Variable manufacturing costs: $5.50 per unit F

The information below is for Casey Corporation.

Product sales: 1,000 units at $10 each

Variable manufacturing costs: $5.50 per unit

Fixed manufacturing overhead: $1,200

Variable selling and administrative costs: $.50 per unit sold

Fixed selling and administrative costs: $1,000

No beginning inventory

Units produced: 1,200

Casey’s operating income under variable (direct) costing is

A.$700

B.$2,300

C.$1,800

D.$600

Leave a Comment