Third Question: The following information from mother factory in 2020: Direct Materials 3200 Variable manufacturing cost 1800 Direct Labor 2400 Fixed manufacturing cost 1400 Variable marketing cost 400 450 15000 Fixed marketing cost Sales @ $20per unit Beg. Inventory in units Production in units 0 800 Compute: 1. manufacturing costs under absorption, variable, and throughput and super variable costing systems per unit. 2. Prepare income statement under absorption and variable costing system.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Third Question:
The following information from mother factory in
2020:
Direct Materials
3200
Variable manufacturing cost 1800
Direct Labor
2400
Fixed manufacturing cost
1400
Variable marketing cost
400
450
15000
Fixed marketing cost
Sales @ $20per unit
Beg. Inventory in units
Production in units
0
800
Compute:
1. manufacturing costs under absorption, variable,
and throughput and super variable costing
systems per unit.
2. Prepare income statement under absorption and
variable costing system.
Transcribed Image Text:Third Question: The following information from mother factory in 2020: Direct Materials 3200 Variable manufacturing cost 1800 Direct Labor 2400 Fixed manufacturing cost 1400 Variable marketing cost 400 450 15000 Fixed marketing cost Sales @ $20per unit Beg. Inventory in units Production in units 0 800 Compute: 1. manufacturing costs under absorption, variable, and throughput and super variable costing systems per unit. 2. Prepare income statement under absorption and variable costing system.
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