A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price$130Units in beginning inventory 0Units produced 2,100Units sold 1,900Units in ending inventory 200Variable costs per unit: Direct materials$41Direct labor$39Variable manufacturing overhead$4Variable selling and administrative expense$11Fixed costs: Fixed manufacturing overhead$52,500Fixed selling and administrative expense$3,800 What is the net operating income for the month under variable costing?
A. $5,000
B. $(6,600)
C. $10,200
D. $15,200
Answer: C
Business
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