Question: Excell formulas please B23 : fx A D E F G H B 1 Problem 2: Absorption costing and Variable Costing mino Dom 3 Mask

Excell formulas please
B23 : fx A D E F G H B 1 Problem 2: Absorption costing and Variable Costing mino Dom 3 Mask Inc. operated at 100% of capacity during its first month and provided following information 4 Number of units produced 15,000 units 5 Production costs (15,000 units): $ $ Direct materials $75,000 7 Direct labor $105,000 8 Variable factory overhead $45,000 Fixed factory overhead $30,000 $255.000 10 Operating expenses. 11 Variable operating expenses $42.000 12 Fixed operating expenses $18,000 $60,000 13 14 Mask sold 13.000 units during the first month at a price of $35 per un 15 16 Required: 17 Using the formats below, calculate. 18 A. Income from operations and Ending inventory under the Absorption costir 19 B. Income from operations and Ending inventory under the Variable costing. 20 21 Solution: 22 A. Absorption costing 23 Product costs per unit 24 Sales 25 COGS 26 Gross profit 27 Operating expenses 28 Income from erations 29 30 Ending inventory 31 32 B. Variable costing 33 Product costs per unit 34 Sales 35 Total variable costs 36 Contribution margin 37 Total fixed costs 38 Income from operations 39 40 Ending inventory 41 42 43 44 45 46 AC&VC2 Ready Accessibility: Investigate 55F Cloud
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
