a. Prepare a full absorption costing income statement. ». Prepare a variable costing income statement.
a. Prepare a full absorption costing income statement. ». Prepare a variable costing income statement.
Chapter6: Activity-based, Variable, And Absorption Costing
Section: Chapter Questions
Problem 16MC: Under variable costing, a unit of product includes which costs? direct material, direct labor, and...
Related questions
Question
4
![Units produced
Units sold
Unit sales price
Direct materials per unit
Direct labor per unit
Variable manufacturing overhead per unit
Fixed manufacturing overhead
Variable selling expenses per unit
Fixed selling and administrative expenses
Required:
a. Prepare a full absorption costing income statement.
b. Prepare a variable costing income statement.
Required A Required B
Complete this question by entering your answers in the tabs below.
4,900
3,920
270.00
81.00
81.00
13.50
Contribution Margin
98,000
13.50
36,000
Prepare a variable costing income statement. Omit Per Unit and Percent of Sales columns.
Note: Do not round your intermediate calculations. Round your answers to nearest dollar amount
Variable Costing
Income Statement](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd94b7f38-2ee8-4799-bf1e-32c66d2726fa%2F452f7f48-4fe7-4f5f-a2be-3ea34236d414%2Fm6im9j_processed.png&w=3840&q=75)
Transcribed Image Text:Units produced
Units sold
Unit sales price
Direct materials per unit
Direct labor per unit
Variable manufacturing overhead per unit
Fixed manufacturing overhead
Variable selling expenses per unit
Fixed selling and administrative expenses
Required:
a. Prepare a full absorption costing income statement.
b. Prepare a variable costing income statement.
Required A Required B
Complete this question by entering your answers in the tabs below.
4,900
3,920
270.00
81.00
81.00
13.50
Contribution Margin
98,000
13.50
36,000
Prepare a variable costing income statement. Omit Per Unit and Percent of Sales columns.
Note: Do not round your intermediate calculations. Round your answers to nearest dollar amount
Variable Costing
Income Statement
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