Business, 08.04.2020 02:54 sksksjs

Petra, Inc. has collected the following data. (There are no beginning inventories.): Units produced 580 units Units sold 580 units Sales price $ 230 per unit Direct materials $ 30 per unit Direct labor $ 35 per unit Variable manufacturing overhead $ 10 per unit Fixed manufacturing overhead $ 23 comma 000 per year Variable selling and administrative costs $ 15 per unit Fixed selling and administrative costs $ 10 comma 000 per year What is the operating income using absorption costing? (Round any intermediate calculations to the nearest cent and your final answer to the nearest dollar.)

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