13 oints a Sales and production data for these first two years follow Units Units produced Units sold Year 1 51 000 30 000 Year

Question

13 oints a Sales and production data for these first two years follow Units Units produced Units sold Year 1 51 000 30 000 Year 2 51 000 72 000 Direct materials Direct labor Variable overhead Fixed overhead 459 000 51 000 units Total product cost per unit b Variable costs per unit and fixed costs per year are unchanged during these years The company s 49 per unit product cost using absorption costing consists of the following 14 21 5 9 49 c Selling and administrative expenses consist of the following Selling and Administrative Expenses Variable selling and administrative 1 per unit sold Fixed selling and administrative Total Required Prepare income statements for each of these two years under variable costing Note Loss amounts should be entered with a minus sign indicate completion Year 1 30 000 245 000 275 000 Return to question Year 2 72 000 245 000 317 000

Kunduz · Accepted Answer

Click to see the answer