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Author Question: Walker Manufacturing began its operations on January 1 of the current year. Walker produced 10,000 ... (Read 129 times)

abcdef9106

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Walker Manufacturing began its operations on January 1 of the current year. Walker produced 10,000 units during the year, sold 8,000 units at an average selling price of $22 per unit, and had 2,000 units in ending inventory. Variable production costs were $14 per unit, variable selling expenses were $2 per unit, fixed overhead totaled $12,000, and fixed selling and administrative expenses totaled $30,000. Under absorption costing, what was Walker's operating income?
◦ ($26,000)
◦ $6,000
◦ $10,000
◦ $8,400


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Marked as best answer by abcdef9106 on Feb 5, 2023

Hamad

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abcdef9106

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review


nothere

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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