Calibri (Body 11 % ' ' Conditional Formatting Format as Table Cell Styles Number Paste BIU HS x fx H 8 /15 points 1 Full Absorption Costing vs. Variable Costing 2 In its first year of business, the Apex Company produced and sold 15,000 units and incurred the following costs. Manufacturing Costs Cost per unit Direct material 30 tig Direct labor 7 TI? Variable manufacturing overhead 8 Fixed manufacturing overhead 21 Net Income Abution Variable 4 Units Produced 15.000 16.000 17.000 18 000 19.000 20,000 21.000 22,000 Ga 10 Fixed selling and admin 9 11 Variable selling and admin 3 12 Tax Rate 25% Jan 14 Prepare a data table showing Apex's net income (Ni) for various levels of ma production under absorption and variable costing 16 Units produced 20,000 17 Units sold 10,000 18 Selling price per unit $ es/15 120 20 er21 Pe 22 23 Di 25 26 quest Instructions Absorption vs Variable Costing Target Profit Not! Regression Analysis Constrained Resources ken Submit Cancel 9 27 ctv W MacBook Air DOD 000 DII F4 F5 F6 F7 F9 F8 F10 $ % & & *