Enter formulas in the cells that contain question marks.

10 11 12 14 16 17 19 20 21 22 24 26 27 29 30 31 32 33 34 35 36 37 38 39 41 42 45 47 49 51 52 53 55 57 59 61 62 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 F ixed pervear units in beginning inventory Units produced during the year I-Jnits sold during the year $11 120,000 Year 1 10,000 8 000 Enter a formula into each of the cells marked with a ? below Review Problem 1: Contrasting Variable and Absorption Costin Compute the Ending Invento Year 1 Units in beginning inventory Units produced during the year Units sold during the year I-Jnits in ending inv Compute the Absorption Costing Unit Product Cost Year 1 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Absorption costing unit product cost Construct the Absorption Costing Income Staternent Year 1 Sales Cost of goods sold Gross margin Selling and administrative expenses Net operating income Compute the Variable Costing Unit Product Cost Year 1 Direct materials Direct labor Variable manufacturing overhead Variable costing unit product cost Construct the Variable Costing Income Year 1 Sales Variable expenses: Variable cost of goods sold Variable selling and administrative expenses Contribution mar in Fixed expenses: Fixed manufacturing overhead Fixed selling and administrative expenses Net operating income Year 2 6,000 8 000 Year 2 Year 2 Year 2 Year 2 Year 2