Change all of the numbers in the data area of your worksheet so that it looks like
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Question:
Change all of the numbers in the data area of your worksheet so that it looks like this:
Applying Excel
Data
Selling price per unit $
Manufacturing costs:
Variable per unit produced:
Direct materials $
Direct labor $
Variable manufacturing overhead $
Fixed manufacturing overhead per year $
Selling and administrative expenses:
Variable per unit sold $
Fixed per year $
Year Year
Units in beginning inventory
Units produced during the year
Units sold during the year
Make a note of the absorption costing net operating income loss in Year
At the end of Year the companys board of directors set a target for Year net operating income of $ under absorption costing. If this target is met, a large bonus would be paid to the CEO of the company. Keeping everything else the same from part above, change the units produced in Year to units.
b What is the net operating income loss in Year under absorption costing?
Related Book For
ISE Introduction To Managerial Accounting
ISBN: 9781260091755
8th Edition
Authors: Peter Brewer, Ray Garrison, Eric Noreen
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