dont give answer in image format A company manufactures a single product. The following data pertain to the company's operations over the last two years:Variable costing net operating income, Year 1Variable costing net operating income, Year 2Beginning inventory, Year 1Ending Inventory, Year 1Ending inventory, Year 2Fixed manufacturing overhead cost per unit both Year 1 andYear 2$ 82,700$ 87,8000 unitsYear 2??Variable Costing net operating incomeFixed manufacturing overhead deferredFixed manufacturing overhead released ?Absorption costing net operating income ?900 units500 units$2 per unitCalculate the absorption costing net operating income for Year 2 by completing the table below. Use "NA" in the box(es) that are left blank

The net income is calculated as difference between revenue and expenses. The income differs under…

company manufactures a single product. The following data pertain to the company's operations over the last two years: Variable costing net operating income, Year 1 $82,700 Variable costing net operating income, Year 2 87,800 $ 0 units Beginning inventory, Year 11 Ending Inventory, Year 1 Ending inventory, Year 2 Fixed manufacturing overhead cost per unit both Year 1 and Year 2 Calculate the absorption costing net operating income for Year 2 by completing the table below. Use "NA" in the box(es) that are le Year 2 ? ? Variable Costing net operating income Fixed manufacturing overhead deferred Fixed manufacturing overhead released ? Absorption costing net operating income ? 900 units 500 units $2 per unit

company manufactures a single product. The following data pertain to the company's operations over the last two years: Variable costing net operating income, Year 1 $82,700 Variable costing net operating income, Year 2 87,800 $ 0 units Beginning inventory, Year 11 Ending Inventory, Year 1 Ending inventory, Year 2 Fixed manufacturing overhead cost per unit both Year 1 and Year 2 Calculate the absorption costing net operating income for Year 2 by completing the table below. Use "NA" in the box(es) that are le Year 2 ? ? Variable Costing net operating income Fixed manufacturing overhead deferred Fixed manufacturing overhead released ? Absorption costing net operating income ? 900 units 500 units $2 per unit

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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