1. Goalies Ball, Ltd. a producer of soccer balls reported the following information for the month...

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1. Goalies Ball, Ltd. a producer of soccer balls reported the following information for the month of October 2020: Sales price: $35.00 Per unit Manufacturing costs incurred this period: DM $8.50 Per unit DL $4.90 Per unit Variable OH $1.15 Per unit Fixed OH $12,000 per month Non-Manufacturing (i.e. Selling and Administrative) costs incurred this period: Variable S&A $2.00 Per unit Fixed S&A $19,260 per month 0 Units Units in finished goods inventory, beginning of the month Units produced this month 3,750 Units Units sold this month 3,200 Units a. Calculate the per unit product cost under absorption costing Calculate the per unit product cost under variable costing b. C. Prepare the income statement for the month ended 10/31/2020 for the company using absorption costing. d. Prepare the income statement for the month ended 10/31/2020 for the company using variable costing. Calculate the value of the units in ending inventory as of 10/31/2020 using absorption costing. Calculate the value of the units in ending inventory as of 10/31/2020 using variable costing. e. f. 1. Goalies Ball, Ltd. a producer of soccer balls reported the following information for the month of October 2020: Sales price: $35.00 Per unit Manufacturing costs incurred this period: DM $8.50 Per unit DL $4.90 Per unit Variable OH $1.15 Per unit Fixed OH $12,000 per month Non-Manufacturing (i.e. Selling and Administrative) costs incurred this period: Variable S&A $2.00 Per unit Fixed S&A $19,260 per month 0 Units Units in finished goods inventory, beginning of the month Units produced this month 3,750 Units Units sold this month 3,200 Units a. Calculate the per unit product cost under absorption costing Calculate the per unit product cost under variable costing b. C. Prepare the income statement for the month ended 10/31/2020 for the company using absorption costing. d. Prepare the income statement for the month ended 10/31/2020 for the company using variable costing. Calculate the value of the units in ending inventory as of 10/31/2020 using absorption costing. Calculate the value of the units in ending inventory as of 10/31/2020 using variable costing. e. f.

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a Unit product cost Under Absorption Costing Direct materials ... View the full answer