Flying Disk, inc. produces frisbees. They sell each custom frisbee for $50 per unit. In the...
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Flying Disk, inc. produces frisbees. They sell each custom frisbee for $50 per unit. In the coming year, they plan on producing 25,000 units. Their initial sales estimates are that they will sell 20,000 units. Flying Disk, inc also have the following cost estimates: Variable costs per unit: Manufacturing: Direct materials Direct labor $7 $10 Variable manufacturing overhead Variable selling and administrative Fixed costs per year: Fixed manufacturing overhead Fixed selling and administrative $5 $6 $300,000 $190,000 Prepare the Variable Costing Income Statement for the information stated above. Flying Disk, inc. produces frisbees. They sell each custom frisbee for $50 per unit. In the coming year, they plan on producing 25,000 units. Their initial sales estimates are that they will sell 20,000 units. Flying Disk, inc also have the following cost estimates: Variable costs per unit: Manufacturing: Direct materials Direct labor $7 $10 Variable manufacturing overhead Variable selling and administrative Fixed costs per year: Fixed manufacturing overhead Fixed selling and administrative $5 $6 $300,000 $190,000 Prepare the Variable Costing Income Statement for the information stated above.
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To prepare the Variable Costing Income Statement we need to calculate the total variable costs and d... View the full answer
Related Book For
Management Accounting
ISBN: 978-0132570848
6th Canadian edition
Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu
Posted Date:
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