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The fоllоwing infоrmаtion is аvаilable for Barnes Company for the fiscal year ended December 31: Beginning finished goods inventory in units 0 Units produced 5,200 Units sold 4,200 Sales $ 546,000 Materials cost $ 104,000 Variable conversion cost used $ 52,000 Fixed manufacturing cost $ 78,000 Indirect operating costs (fixed) $ 84,000 What is cost of goods sold using absorption costing?
The fоllоwing infоrmаtion is аvаilable for Barnes Company for the fiscal year ended December 31: Beginning finished goods inventory in units 0 Units produced 7,600 Units sold 5,400 Sales $ 1,080,000 Materials cost $ 152,000 Variable conversion cost used $ 76,000 Fixed manufacturing cost $ 646,000 Indirect operating costs (fixed) $ 108,000 What is the absorption costing operating income?