Glory, Inc. has collected the following data for November (there are no beginning inventories): (Click the icon to view the data.) Data table Units produced and sold Sales price Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative costs Fixed selling and administrative costs 400 units $300 per unit 69 per unit 58 per unit 28 per unit 7,200 per month 20 per unit 4,450 per month Requirements 4 1. Using absorption costing, calculate the unit product cost. 2. Prepare an income statement using the traditional format. Print Done X

Glory, Inc. has collected the following data for November (there are no beginning inventories): (Click the icon to view the data.) Data table Units produced and sold Sales price Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative costs Fixed selling and administrative costs 400 units $300 per unit 69 per unit 58 per unit 28 per unit 7,200 per month 20 per unit 4,450 per month Requirements 4 1. Using absorption costing, calculate the unit product cost. 2. Prepare an income statement using the traditional format. Print Done X

Name: Glory, Inc. has collected the following data for November (there are
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Description: Glory, Inc. has collected the following data for November (there are no beginning inventories):(Click the icon to view the data.)Data tableUnits produced and soldSales priceDirect materialsDirect laborVariable manufacturing overheadFixed manufacturi

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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need help please. also, please Calculate the total cost of the1,600 units in ending inventory using absorption costing and variable costing
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