Fourth Question: The following information from PETRA-2 factory in 2020: 3200 1800 2400 1400 400 450 15500 0 800 Direct Materials Variable manufacturing cost Direct Labor Fixed manufacturing cost Variable marketing cost Fixed marketing cost Sales@ $20per unit Beg. Inventory in units Production in units Compute: 1. manufacturing costs under absorption, variable, and throughput costing systems per unit. 2. period costs under absorption, variable, and throughput costing systems per unit. 3. Prepare income statement under absorption and variable costing system.
Fourth Question: The following information from PETRA-2 factory in 2020: 3200 1800 2400 1400 400 450 15500 0 800 Direct Materials Variable manufacturing cost Direct Labor Fixed manufacturing cost Variable marketing cost Fixed marketing cost Sales@ $20per unit Beg. Inventory in units Production in units Compute: 1. manufacturing costs under absorption, variable, and throughput costing systems per unit. 2. period costs under absorption, variable, and throughput costing systems per unit. 3. Prepare income statement under absorption and variable costing system.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Fourth Question:
The following information from PETRA-2 factory in 2020:
3200
1800
2400
1400
400
450
Direct Materials
Variable manufacturing cost
Direct Labor
Fixed manufacturing cost
Variable marketing cost
Fixed marketing cost
Sales @ $20per unit
Beg. Inventory in units
Production in units
15500
0
800
Compute:
1. manufacturing costs under absorption, variable, and throughput costing
systems per unit.
2. period costs under absorption, variable, and throughput costing systems
per unit.
3. Prepare income statement under absorption and variable costing system.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F751eefad-94aa-4662-b76b-aea464c52065%2F13b5bc3c-e82e-4bfe-99b1-da8248f19b1a%2Ffdky35c_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Fourth Question:
The following information from PETRA-2 factory in 2020:
3200
1800
2400
1400
400
450
Direct Materials
Variable manufacturing cost
Direct Labor
Fixed manufacturing cost
Variable marketing cost
Fixed marketing cost
Sales @ $20per unit
Beg. Inventory in units
Production in units
15500
0
800
Compute:
1. manufacturing costs under absorption, variable, and throughput costing
systems per unit.
2. period costs under absorption, variable, and throughput costing systems
per unit.
3. Prepare income statement under absorption and variable costing system.
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