Skip to main content

MC Qu. 111 Brush Industries reports the following… Brush Industries reports the following information for May: Sales$955,000 Fixed

Brush Industries has reported the following financial information for the month of May:

  • Sales: $955,000
  • Fixed Cost of Goods Sold: $111,000
  • Variable Cost of Goods Sold: $261,000
  • Fixed Selling and Administrative Costs: $111,000
  • Variable Selling and Administrative Costs: $136,000

Based on this information, please calculate the operating income for May using absorption costing.

3 Answers

A
Anonymous

Feb 13, 2025

Particulars                                          AmountSales                                                  $955,000Less: Fixed cost of goods sold        $111,000Less: Variable cost of goods sold   $261,000 Gross Profit                                       $583,000Less: Fixed selling & admin. costs  $111,000Less: Var. selling & admin. costs     $136,000Operating Income                            $336,000
A
Anonymous

Feb 09, 2025

answer; i believe the correct answer is (4.0);
A
Anonymous

Dec 17, 2024

The answer is true a pertinent question is an appropriate question.

Want to answer this question?

Join our community to share your knowledge!

Related Questions

3
Another expression for “it is raining” is “Está nublado.”

Question 1 (Yes/No Worth 1 point): Another expression for "it is raining" is "Está nublado." (Yes/No) Question 3 (Fill-i...

8
CSS stands for Cybernet Slash Support or Cybernet Software Systems ?

What does CSS stand for: Cybernet Slash Support or Cybernet Software Systems? I came across a company located in T. Naga...

1
Guys help please!! Just 1 Algebra 2 question?

I need assistance with an Algebra 2 problem. The question states that the variable ( r ) varies directly with ( s ) and...

2
how is Frank Garza’s Jockey School?

I hope this message finds you well. I have a few questions regarding Frank Garza’s Jockey School. I want to clarify that...

8
I am in 12th……I hav my physics board exam tomorrow……how do I complete my full course in one day ?

I'm in 12th grade, and I have my physics board exam tomorrow. How can I effectively cover the entire course material in...

6
projectile motion homework?

A rescue pilot needs to drop a survival kit while flying at an altitude of 2,000.0 meters with a forward velocity of 100...

10
Preschool vs. Montessori?

Hi everyone, I’m trying to make a decision between enrolling my child in a preschool or a Montessori program. He’s curr...

3
what is the hybridization of phosphorus atom in PCl3?

What is the hybridization of the phosphorus atom in PCl3? Additionally, could you please provide an explanation of the s...

4
What should I wear for Home Depot orientation tomorrow?

I just got hired for a part-time sales job at Home Depot, and I have my orientation tomorrow. I've never had a job where...

7
Which view in a presentation program displays your slides in full-screen mode?

What view in a presentation program allows you to display your slides in full-screen mode?