Book Bracey Company manufactures and sells one product. The following information pertains to the company's first...

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Book Bracey Company manufactures and sells one product. The following information pertains to the company's first year of operations: Variable cost per unit: Direct materials Fixed costs per year: Direct labor Fixed manufacturing overhead $ 37 $ 565,500 Print References Fixed selling and administrative expenses $ 487,200 $ 84,000 The company does not incur any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, Bracey produced 29,000 units and sold 26,300 units. The selling price of the company's product is $81 per unit. Required: 1. Assume the company uses super-variable costing: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 2. Assume the company uses a variable costing system that assigns $19.50 of direct labor cost to each unit produced: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 3. Assume the company uses an absorption costing system that assigns $19.50 of direct labor cost and $16.80 of fixed manufacturing overhead cost to each unit produced a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 4. a. Reconcile the difference between the super-variable costing and variable costing net operating incomes. b. Reconcile the difference between the super-variable costing and absorption costing net operating incomes. Complete this question by entering your answers in the tabs below. Reg 1A Reg 18 Req 20 Req 3A Req 30 Req 4A Req 40 Compute the unit product cost for the year. Assume the company uses super-variable costing. Set pduct cat Kew 1A Req 18 > 1. Assume the company uses super-variable costing: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 2. Assume the company uses a variable costing system that assigns $19.50 of direct labor cost to each unit produced: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 3. Assume the company uses an absorption costing system that assigns $19.50 of direct labor cost and $16.80 of fixed man overhead cost to each unit produced: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 4. a. Reconcile the difference between the super-variable costing and variable costing net operating incomes. b. Reconcile the difference between the super-variable costing and absorption costing net operating incomes. Complete this question by entering your answers in the tabs below. Req 1A Req 18 Req 2A Req 28 Req 3A Req 38 Req 4A Req 48 Prepare an income statement for the year. Assume the company uses super-variable costing. Bracey Company Super-Variable Costing Income Statement Fixed expenses: Req 1A Req 2A > nces Required: 1. Assume the company uses super-variable costing: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 2. Assume the company uses a variable costing system that assigns $19.50 of direct labor cost to each unit produced: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 3. Assume the company uses an absorption costing system that assigns $19.50 of direct labor cost and $16.80 of fixed manufactur overhead cost to each unit produced: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 4. a. Reconcile the difference between the super-variable costing and variable costing net operating incomes. b. Reconcile the difference between the super-variable costing and absorption costing net operating incomes. Complete this question by entering your answers in the tabs below. Req 1A Req 18 Req 2A Req 20 Req 3A Req 38 Req 4A Req 48 Compute the unit product cost for the year. Assume the company uses a variable costing system that assigns $19.50 of direct labor cost to each unit produced. Note: Round your answer to 2 decimal places. Unit product cost Show less A Book Print ferences 1. Assume the company uses super-variable costing: a. Compute the unit product cost for the year.. b. Prepare an income statement for the year. 2. Assume the company uses a variable costing system that assigns $19.50 of direct labor cost to each unit produced: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 3. Assume the company uses an absorption costing system that assigns $19.50 of direct labor cost and $16.80 of fixed m overhead cost to each unit produced: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 4. a. Reconcile the difference between the super-variable costing and variable costing net operating incomes. b. Reconcile the difference between the super-variable costing and absorption costing net operating incomes. Complete this question by entering your answers in the tabs below. Req 1A Req 18 Req 2A Req 28 Req 3A Req 38 Req 4A Req 48 Prepare an income statement for the year. Assume the company uses a variable costing system that assigns $19.50 of direct labor cost to each unit produced. Note: Round your intermediate calculations to 2 decimal places. Fixed expenses Bracey Company Variable Costing Income Stateme Required: 1. Assume the company uses super-variable costing: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 2. Assume the company uses a variable costing system that assigns $19.50 of direct labor cost to each unit produced: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 3. Assume the company uses an absorption costing system that assigns $19.50 of direct labor cost and $16.80 of fixed manufa overhead cost to each unit produced: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 4. a. Reconcile the difference between the super-variable costing and variable costing net operating incomes. b. Reconcile the difference between the super-variable costing and absorption costing net operating incomes. Complete this question by entering your answers in the tabs below. Req 1A Req 18 Req 2A Req 28 Req 3A Req 381 Req 4A Req 48 Compute the unit product cost for the year. Assume the company uses an absorption costing system that assigns $19.50 of direct labor cost and $16.80 of fixed manufacturing overhead cost to each unit produced. Note: Round your answer to 2 decimal places. Unit product cost Book Print References 1. Assume the company uses super-variable costing: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 2. Assume the company uses a variable costing system that assigns $19.50 of direct labor cost to each unit produced: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 3. Assume the company uses an absorption costing system that assigns $19.50 of direct labor cost and $16.80 of fixed manc overhead cost to each unit produced: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 4. a. Reconcile the difference between the super-variable costing and variable costing net operating incomes. b. Reconcile the difference between the super-variable costing and absorption costing net operating incomes. Complete this question by entering your answers in the tabs below. Req 1A Req 18 Req 2A Req 28 Req 3A Req 38 Req 4A Req 48 Prepare an income statement for the year. Assume the company uses an absorption costing system that assigns $19.50 of direct labor cost and $16.80 of fixed manufacturing overhead cost to each unit produced. Note: Round your intermediate calculations to 2 decimal places. Bracey Company Absorption Costing Income Statement 1. Assume the company uses super-variable costing: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 2. Assume the company uses a variable costing system that assigns $19.50 of direct labor cost to each unit produced: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 3. Assume the company uses an absorption costing system that assigns $19.50 of direct labor cost and $16.80 of fixed manum overhead cost to each unit produced: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 4. a. Reconcile the difference between the super-variable costing and variable costing net operating incomes. b. Reconcile the difference between the super-variable costing and absorption costing net operating incomes. Complete this question by entering your answers in the tabs below. Req 1A Req 18 Req 2A Req 28 Req 3A Req 38 Req 4A Req 48 Reconcile the difference between the super-variable costing and variable costing net operating incomes. Super-variable costing net operating income (loss) Variable costing net operating income (loss) Required: 1. Assume the company uses super-variable costing: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 2. Assume the company uses a variable costing system that assigns $19.50 of direct labor cost to each unit produced: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 3. Assume the company uses an absorption costing system that assigns $19.50 of direct labor cost and $16.80 of fixed manufacturing overhead cost to each unit produced: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 4. a. Reconcile the difference between the super-variable costing and variable costing net operating incomes. b. Reconcile the difference between the super-variable costing and absorption costing net operating incomes. Complete this question by entering your answers in the tabs below. Req LA Req 18 Req 2A Req 20 Req 3A Req 38 Req 4A Rea Reconcile the difference between the super-variable costing and absorption costing net operating incomes. Super-variable costing net operating income (loss) Absorption costing net operating income (loss) 1 Book Bracey Company manufactures and sells one product. The following information pertains to the company's first year of operations: Variable cost per unit: Direct materials Fixed costs per year: Direct labor Fixed manufacturing overhead $ 37 $ 565,500 Print References Fixed selling and administrative expenses $ 487,200 $ 84,000 The company does not incur any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, Bracey produced 29,000 units and sold 26,300 units. The selling price of the company's product is $81 per unit. Required: 1. Assume the company uses super-variable costing: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 2. Assume the company uses a variable costing system that assigns $19.50 of direct labor cost to each unit produced: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 3. Assume the company uses an absorption costing system that assigns $19.50 of direct labor cost and $16.80 of fixed manufacturing overhead cost to each unit produced a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 4. a. Reconcile the difference between the super-variable costing and variable costing net operating incomes. b. Reconcile the difference between the super-variable costing and absorption costing net operating incomes. Complete this question by entering your answers in the tabs below. Reg 1A Reg 18 Req 20 Req 3A Req 30 Req 4A Req 40 Compute the unit product cost for the year. Assume the company uses super-variable costing. Set pduct cat Kew 1A Req 18 > 1. Assume the company uses super-variable costing: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 2. Assume the company uses a variable costing system that assigns $19.50 of direct labor cost to each unit produced: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 3. Assume the company uses an absorption costing system that assigns $19.50 of direct labor cost and $16.80 of fixed man overhead cost to each unit produced: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 4. a. Reconcile the difference between the super-variable costing and variable costing net operating incomes. b. Reconcile the difference between the super-variable costing and absorption costing net operating incomes. Complete this question by entering your answers in the tabs below. Req 1A Req 18 Req 2A Req 28 Req 3A Req 38 Req 4A Req 48 Prepare an income statement for the year. Assume the company uses super-variable costing. Bracey Company Super-Variable Costing Income Statement Fixed expenses: Req 1A Req 2A > nces Required: 1. Assume the company uses super-variable costing: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 2. Assume the company uses a variable costing system that assigns $19.50 of direct labor cost to each unit produced: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 3. Assume the company uses an absorption costing system that assigns $19.50 of direct labor cost and $16.80 of fixed manufactur overhead cost to each unit produced: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 4. a. Reconcile the difference between the super-variable costing and variable costing net operating incomes. b. Reconcile the difference between the super-variable costing and absorption costing net operating incomes. Complete this question by entering your answers in the tabs below. Req 1A Req 18 Req 2A Req 20 Req 3A Req 38 Req 4A Req 48 Compute the unit product cost for the year. Assume the company uses a variable costing system that assigns $19.50 of direct labor cost to each unit produced. Note: Round your answer to 2 decimal places. Unit product cost Show less A Book Print ferences 1. Assume the company uses super-variable costing: a. Compute the unit product cost for the year.. b. Prepare an income statement for the year. 2. Assume the company uses a variable costing system that assigns $19.50 of direct labor cost to each unit produced: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 3. Assume the company uses an absorption costing system that assigns $19.50 of direct labor cost and $16.80 of fixed m overhead cost to each unit produced: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 4. a. Reconcile the difference between the super-variable costing and variable costing net operating incomes. b. Reconcile the difference between the super-variable costing and absorption costing net operating incomes. Complete this question by entering your answers in the tabs below. Req 1A Req 18 Req 2A Req 28 Req 3A Req 38 Req 4A Req 48 Prepare an income statement for the year. Assume the company uses a variable costing system that assigns $19.50 of direct labor cost to each unit produced. Note: Round your intermediate calculations to 2 decimal places. Fixed expenses Bracey Company Variable Costing Income Stateme Required: 1. Assume the company uses super-variable costing: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 2. Assume the company uses a variable costing system that assigns $19.50 of direct labor cost to each unit produced: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 3. Assume the company uses an absorption costing system that assigns $19.50 of direct labor cost and $16.80 of fixed manufa overhead cost to each unit produced: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 4. a. Reconcile the difference between the super-variable costing and variable costing net operating incomes. b. Reconcile the difference between the super-variable costing and absorption costing net operating incomes. Complete this question by entering your answers in the tabs below. Req 1A Req 18 Req 2A Req 28 Req 3A Req 381 Req 4A Req 48 Compute the unit product cost for the year. Assume the company uses an absorption costing system that assigns $19.50 of direct labor cost and $16.80 of fixed manufacturing overhead cost to each unit produced. Note: Round your answer to 2 decimal places. Unit product cost Book Print References 1. Assume the company uses super-variable costing: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 2. Assume the company uses a variable costing system that assigns $19.50 of direct labor cost to each unit produced: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 3. Assume the company uses an absorption costing system that assigns $19.50 of direct labor cost and $16.80 of fixed manc overhead cost to each unit produced: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 4. a. Reconcile the difference between the super-variable costing and variable costing net operating incomes. b. Reconcile the difference between the super-variable costing and absorption costing net operating incomes. Complete this question by entering your answers in the tabs below. Req 1A Req 18 Req 2A Req 28 Req 3A Req 38 Req 4A Req 48 Prepare an income statement for the year. Assume the company uses an absorption costing system that assigns $19.50 of direct labor cost and $16.80 of fixed manufacturing overhead cost to each unit produced. Note: Round your intermediate calculations to 2 decimal places. Bracey Company Absorption Costing Income Statement 1. Assume the company uses super-variable costing: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 2. Assume the company uses a variable costing system that assigns $19.50 of direct labor cost to each unit produced: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 3. Assume the company uses an absorption costing system that assigns $19.50 of direct labor cost and $16.80 of fixed manum overhead cost to each unit produced: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 4. a. Reconcile the difference between the super-variable costing and variable costing net operating incomes. b. Reconcile the difference between the super-variable costing and absorption costing net operating incomes. Complete this question by entering your answers in the tabs below. Req 1A Req 18 Req 2A Req 28 Req 3A Req 38 Req 4A Req 48 Reconcile the difference between the super-variable costing and variable costing net operating incomes. Super-variable costing net operating income (loss) Variable costing net operating income (loss) Required: 1. Assume the company uses super-variable costing: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 2. Assume the company uses a variable costing system that assigns $19.50 of direct labor cost to each unit produced: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 3. Assume the company uses an absorption costing system that assigns $19.50 of direct labor cost and $16.80 of fixed manufacturing overhead cost to each unit produced: a. Compute the unit product cost for the year. b. Prepare an income statement for the year. 4. a. Reconcile the difference between the super-variable costing and variable costing net operating incomes. b. Reconcile the difference between the super-variable costing and absorption costing net operating incomes. Complete this question by entering your answers in the tabs below. Req LA Req 18 Req 2A Req 20 Req 3A Req 38 Req 4A Rea Reconcile the difference between the super-variable costing and absorption costing net operating incomes. Super-variable costing net operating income (loss) Absorption costing net operating income (loss) 1