The following data is for a company that produces a single product.selling price24193Units in beginning inventoryUnits producedUnits sold3,0902,910variable costs per unit:Direct materials53Direct labor$2459Variable manufacturing overheadvariable selling and administrative expenseFixed costs:1513Fixed manufacturing overheadFixed selling and administrative$ 89,610$ $,730Requlred:a. What Is the unit product cost for the month under varlable costing?b. What is the unit product cost for the month under absorption costing?c. Prepare a contribution format income statement for the month using varlable costing.d. Prepare an Income statement for the month using absorption costing.e. Reconcile the varlable costing and absorption costing net operating incomes for the month.Complete this question by entering your answers in the tabs below.Required ARequired BRequired CRequired DRequired EReconcile the variable costing and absorption costing net operating incomes for the month.Reconciliation of Variable Costing and Absorption Costing Net Operating IncomesVariable costing net operating income (loss)Absorption costing net operating income (loss)< Required DRequired E A company has two divisions: Divislon B and Division S. The following report is for the most recent operating perlod:DivisionDivision BSalesvariable expensesTraceable fixed expensesCommon fixed expense$228,000 $152,800$ 59, 280 $ 31,920$147,110 $ 65,360$ 27,900 $ 18,600The common fixed expenses have been allocated to the divisions on the basis of sales.Required:a. What Is Division B's break-even in sales dollars?b. What Is Division S's break-even In sales dollars?c. What is the company's overall break-even in sales dollars?(For all requlrements, do not round Intermedlate calculatlons. Round your answer to the nearest whole dollar amount.)a. Division B's break-even in sales dollarsb. Division S's break-even in sales dollarsc. Company's overall break-even in sales dollars

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A company has two divislons: Division B and Divislon S. The following report Is for the most recent operating perlod: Division Division B sales variable expenses Traceable fixed expenses Common fixed expense $228, 000 $152,000 $ 59,280 $ 31,920 $147,110 $ 65,360 $ 27,900 $ 18,600 The common fixed expenses have been allocated to the divisions on the basis of sales. Requlred: a. What Is Division B's break-even In sales dollars? b. What is Division S's break-even in sales dollars? c. What Is the company's overall break-even in sales dollars? (For all requlrements, do not round Intermedlate calculatlons. Round your answer to the nearest whole dollar amou a. Division B's break-even in sales dollars b. Division S's break-even in sales dollars c. Company's overall break-even in sales dllars

A company has two divislons: Division B and Divislon S. The following report Is for the most recent operating perlod: Division Division B sales variable expenses Traceable fixed expenses Common fixed expense $228, 000 $152,000 $ 59,280 $ 31,920 $147,110 $ 65,360 $ 27,900 $ 18,600 The common fixed expenses have been allocated to the divisions on the basis of sales. Requlred: a. What Is Division B's break-even In sales dollars? b. What is Division S's break-even in sales dollars? c. What Is the company's overall break-even in sales dollars? (For all requlrements, do not round Intermedlate calculatlons. Round your answer to the nearest whole dollar amou a. Division B's break-even in sales dollars b. Division S's break-even in sales dollars c. Company's overall break-even in sales dllars

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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