YouTubeO MapsEstimated Income Statements, using Absorption and Variable CostingPrior to the first month of operations ending October 31, Marshall Inc. estimated the following operating results:Sales (27,200 x $96)$2,611,200Manufacturing costs (27,200 units):Direct materials1,572,160Direct labor372,640Variable factory overhead174,080Fixed factory overhead206,720Fixed selling and administrative expenses56,200Variable selling and administrative expenses68,000The company is evaluating a proposal to manufacture 30,400 units instead of 27,200 units, thus creating an ending inventory of 3,200 units. Manufacturing the additionalunits will not change sales, unit variable factory overhead costs, total fixed factory overhead cost, or total selling and administrative expenses.a. 1. Prepare an estimated income statement, comparing operating results if 27,200 and 30,400 units are manufactured in the absorption costing format. If an amountbox does not require an entry leave it blank.Marshall Inc.Absorption Costing Income StatementFor the Month Ending October 3127,200 Units Manufactured30,400 Units ManufacturedCost of goods sold:PreviousNext Hable factory overnead Costs, totaf fixed factory overnead cost, of total seng and adlNistrauive expenses.uun 'saips afua. 1. Prepare an estimated income statement, comparing operating results if 27,200 and 30,400 units are manufactured in the absorption costing format. If an amountbox does not require an entry leave it blank.Marshall Inc.Absorption Costing Income StatementFor the Month Ending October 3127,200 Units Manufactured30,400 Units ManufacturedCost of goods sold:a. 2. Prepare an estimated income statement, comparing operating results27.200 and 30,400 units are manufactured in the variable costing format. If an amount boxdoes not require an entry leave it blank.Marshall Inc.Variable Costing Income StatementFor the Month Ending October 3127,200 Units Manufactured30,400 Units ManufacturedVariable cost of goods sold:PreviousNextMacBook Air

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Description: YouTubeO MapsEstimated Income Statements, using Absorption and Variable CostingPrior to the first month of operations ending October 31, Marshall Inc. estimated the following operating results:Sales (27,200 x $96)$2,611,200Manufacturing costs (27,20

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cimated Income Statements, using Absorption and Varlable Costing or to the first month of operations ending October 31, Marshall Inc. estimated the following operating results: les (27,200 x $96) $2,611,200 anufacturing costs (27,200 units): Direct materials 1,572,160 Direct labor 372,640 Variable factory overhead 174,080 Fixed factory overhead 206,720 Fixed selling and administrative expenses 56,200 Variable selling and administrative expenses 68,000 e company is evaluating a proposal to manufacture 30,400 units instead of 27,200 units, thus creating an ending inventory of 3,200 units. Manufacturing the addi ts will not change sales, unit variable factory overhead costs, total fixed factory overhead cost, or total selling and administrative expenses. 1. Prepare an estimated income statement, comparing operating results if 27,200 and 30,400 units are manufactured in the absorption costing format. If an amo x does not require an entry leave it blank.

cimated Income Statements, using Absorption and Varlable Costing or to the first month of operations ending October 31, Marshall Inc. estimated the following operating results: les (27,200 x $96) $2,611,200 anufacturing costs (27,200 units): Direct materials 1,572,160 Direct labor 372,640 Variable factory overhead 174,080 Fixed factory overhead 206,720 Fixed selling and administrative expenses 56,200 Variable selling and administrative expenses 68,000 e company is evaluating a proposal to manufacture 30,400 units instead of 27,200 units, thus creating an ending inventory of 3,200 units. Manufacturing the addi ts will not change sales, unit variable factory overhead costs, total fixed factory overhead cost, or total selling and administrative expenses. 1. Prepare an estimated income statement, comparing operating results if 27,200 and 30,400 units are manufactured in the absorption costing format. If an amo x does not require an entry leave it blank.

FINANCIAL ACCOUNTING

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Chapter1: Financial Statements And Business Decisions

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