Question: 2 (12 points) Using information provided below: Beginning Inventory (units) Production (units) Sold Units Ending Inventory (units) Unit Selling Price Manufacturing Costs incurred: Variable Fixed
2 (12 points) Using information provided below: Beginning Inventory (units) Production (units) Sold Units Ending Inventory (units) Unit Selling Price Manufacturing Costs incurred: Variable Fixed Operating Cost incurred: Variable Fixed EA 55 55 250 26500 19875 ???? 59 69 525000 393750 175000 70000 A. Prepare a statement of comprehensive income using ABSORPTION costing B. Calculate the difference in operating income between Absorption and variable costing methods (DO NOT prepare a statement)
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