20. The following information pertains to Stone Wall Corporation: Beginning fixed manufacturing overhead in inventory $70,000 Ending fixed manufacturing overhead in inventory 49,000 Beginning variable manufacturing overhead in inventory $34,000 Ending variable manufacturing overhead in inventory 18,000 Fixed selling and administrative costs $740,000 Units produced 5,000 units Units sold 4,300 units What is the difference between operating incomes under absorption costing and variable costing

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