Please answer all reiuirements without handwritten thnku Pacheo Corporation, which has only one product, has provided the following data concerning its most recent month of operations:Selling priceUnits in beginning inventoryUnits producedUnits soldUnits in ending inventoryVariable costs per unit:Direct materialsDirect laborVariable manufacturing overheadVariable selling and administrative expenseFixed costs:Fixed manufacturing overheadFixed selling and administrative expenseRequired A$The company produces the same number of units every month, although the sales in units vary from month to month. The company'svariable costs per unit and total fixed costs have been constant from month to month.Required B Required CWhat is the unit product cost for the month under variable costing?Cost perUnitVariable costing951,0102,2802,940350Required:a. What is the unit product cost for the month under variable costing?b. Prepare a contribution format income statement for the month using variable costing.c. Without preparing an income statement, determine the absorption costing net operating income for the month. (Hint: Use thereconciliation method.)Complete this question by entering your answers in the tabs below.< Required A$$$1$ 122224$50, 160$ 5,880Required B>

The income statement can be prepared using various methods as Variable costing and absorption…

Pacheo Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $ Required A $ $ $ Required B Required C 95 1,010 2,280 2,940 350 What is the unit product cost for the month under variable costing? The company produces the same number of units every month, although the sales in units vary from month to month. The company variable costs per unit and total fixed costs have been constant from month to month. Complete this question by entering your answers in the tabs below. 22 24 Required: a. What is the unit product cost for the month under variable costing? b. Prepare a contribution format income statement for the month using variable costing. c. Without preparing an income statement, determine the absorption costing net operating income for the month. (Hint: Use the reconciliation method.) 1 12 $50, 160 $ 5,880

Pacheo Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $ Required A $ $ $ Required B Required C 95 1,010 2,280 2,940 350 What is the unit product cost for the month under variable costing? The company produces the same number of units every month, although the sales in units vary from month to month. The company variable costs per unit and total fixed costs have been constant from month to month. Complete this question by entering your answers in the tabs below. 22 24 Required: a. What is the unit product cost for the month under variable costing? b. Prepare a contribution format income statement for the month using variable costing. c. Without preparing an income statement, determine the absorption costing net operating income for the month. (Hint: Use the reconciliation method.) 1 12 $50, 160 $ 5,880

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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