CHAPTER 3 2. CC.ABS_VS_VAR_COST_I... 3. CC.BASICS_OF_COST_BE... 4. CC.SEMI_VAR_COST_BEH... 5. CC.MIXED_COSTS_INTO_... 6. TMM.03.04 7. TMM.03.02 8. TMM.03.01 9. MC.03.01 10. MC.03.02 < eBook Income Statements under Absorption and Variable Costing In the coming year, Kalling Company expects to sell 28,700 units at $32 each. Kalling's controller provided the following information for the coming year: Units production Unit direct materials Unit direct labor Unit variable overhead Unit fixed overhead* Unit selling expense (variable) Total fixed selling expense Total fixed administrative expense 30,000 $ 9.95 $ 2.75 $ 1.65 $ 2.50 $ 2.00 $ 65,500 $231,000 * The unit fixed overhead is based on 30,000 units produced. Required: 1. Calculate the cost of one unit of product under absorption costing. 11. MC.03.03 12. MC.03.04 13. MC.03.08 $ 2. Calculate the cost of one unit of product under variable costing. 14. MC.03.13 15. MC.03.14 16. BE.03.16A 17. BE.03.21A 18. BE.03.23A 19. BE.03.24A 20. EX.03.34 3. Calculate operating income under absorption costing for next year. 4. Calculate operating income under variable costing for next year. 21. EX.03.54 22. EX.03.52 23. EX.03.53 24. EX.03.40 25. PR.03.66 Progress: 21/25 items Assignment Score: 82.72% Check My Work Previous Next All work saved. Save and Exit Submit Assignment for Grading