Red and white company reported the following monthly data: units produced 2,100 units sales price $ 26 per unit direct materials $ 2 per unit direct labor $ 3 per unit variable overhead $ 4 per unit fixed overhead $ 7,980 in total what is red and white's net income under variable costing if 990 units are sold and operating expenses are $11,900? multiple choice ($3,050) ($1,820) $1,168 $4,930 $8,850

Moody corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. at the beginning of the year, the company made the following estimates: machine-hours required to support estimated production 100,000 fixed manufacturing overhead cost $ 650,000 variable manufacturing overhead cost per machine-hour $ 3.00 required: 1. compute the plantwide predetermined overhead rate. 2. during the year, job 400 was started and completed. the following information was available with respect to this job: direct materials $ 450 direct labor cost $ 210 machine-hours used 40