The Henderson Company sells a product for $ 1 1 0 per unit. In the month of
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Question:
The Henderson Company sells a product for $ per unit. In the month of June, they
produced units, but sold a total of units. They had no beginning inventory.
Based on the units sold, direct materials totaled $ direct labor was $ and
variable overhead totaled $ Total fixed overhead for the month was $ They
have shared their June income statement.
Henderson Company
Income Statement
For the month ending June
Sales revenue $
Cost of goods sold
Gross margin
Variable selling & admin costs
Fixed selling & admin costs
Net operating income $
Using the information provided by the Henderson Company, calculate
a Cost per unit using absorption costing
b Cost per unit using variable costing
c Net operating income using variable costing
d Reconcile absorption and variable costing net income for the month.
Expert Answer:
To calculate the answers we need to analyze the information provided by the Henderson Company a Cost per unit using absorption costing Under absorptio... View the full answer
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