9-23Variable and absorption costing, explaining operating-income differences. Crystal Clear Corporation manufactures and sells 50-inch televisets and uses standard costing. Actual data relating to January and February 2017 are as follows:Unit dataBeginning entryProductionSalesVariable costsManufacturing cost per unit producedOperating (marketing) cost per unit soldFixed costsManufacturing costsOperating (marketing) costsJanuary01,4001,300Direct material cost per unitDirect manufacturing labor cost per unitManufacturing overhead cost per unit$ 950$725$490,000$120.000February10012751375January$550175225$950$950$725The selling price per unit is $3,500. The budgeted level of production used to calculate the budgeted fixed manufacturing cost per unit is 1,400 uThere are no price-, efficiency-, or spending variances. Any production- volume variance is written off to cost of goods sold in the month in whioccurs.$490,000$120.0001. Prepare income statements for Crystal Clear in January and February 2017 under (a) variable costing and (b) absorption costing.9-24 Throughput costing (continuation of 2-23). The variable manufacturing costs per unit of Cantal Clear Corporation are as follows:February$550175225$950Required:1. Prepare income statements for Crystal Clear in January and February 2017 under throughput costing.

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1. Prepare income statements for Crystal Clear in January and February 2017 under throughput costing.

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Question

9-23
Variable and absorption costing, explaining operating-income differences. Crystal Clear Corporation manufactures and sells 50-inch televi
sets and uses standard costing. Actual data relating to January and February 2017 are as follows:
Unit data
Beginning entry
Production
Sales
Variable costs
Manufacturing cost per unit produced
Operating (marketing) cost per unit sold
Fixed costs
Manufacturing costs
Operating (marketing) costs
January
0
1,400
1,300
Direct material cost per unit
Direct manufacturing labor cost per unit
Manufacturing overhead cost per unit
$ 950
$725
$490,000
$120.000
February
100
1275
1375
January
$550
175
225
$950
$950
$725
The selling price per unit is $3,500. The budgeted level of production used to calculate the budgeted fixed manufacturing cost per unit is 1,400 u
There are no price-, efficiency-, or spending variances. Any production- volume variance is written off to cost of goods sold in the month in whi
occurs.
$490,000
$120.000
1. Prepare income statements for Crystal Clear in January and February 2017 under (a) variable costing and (b) absorption costing.
9-24 Throughput costing (continuation of 2-23). The variable manufacturing costs per unit of Cantal Clear Corporation are as follows:
February
$550
175
225
$950
Required:
1. Prepare income statements for Crystal Clear in January and February 2017 under throughput costing.

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