Question: Can you Please explain me this Problem the way it is Required to answer? Thanks! King's Grant Golf Co. sells a special putter for $120

Can you Please explain me this Problem the way it is Required to answer? Thanks!

Can you Please explain me this Problem the way it is Requiredto answer? Thanks! King's Grant Golf Co. sells a special putter for

King's Grant Golf Co. sells a special putter for $120 each. In March, it sold 32,000 putters while manufacturing 34,000. There was no beginning inventory on March 1. Production information for March was: Direct Labour Per Unit 15 minutes Fixed Selling & Administrative Costs $50,000 Fixed Manufacturing Overhead $142,800 Direct Materials Cost Per Unit $12 Direct Labour Per Hour $32 Direct Labour Per Unit $8 Variable Manufacturing Overhead Per Unit $6 Variable Selling Expenses Per Unit $3Required: 1) Compute the inventoriable cost per unit under: Absorption Costing b) Variable Costing c) Throughput Costing 2) Compute the ($) value of the ending inventory of putters under: a) Absorption Costing b) Variable Costing c) Throughput Costing 3) Prepare an income statement for March using: a) Variable Costing b) Throughput Costing

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