Question: Hello, There are 3 problems below. #2 and #3 are the ones with multiple pictures. Thank you Colonels uses a traditional cost system and estimates




Colonels uses a traditional cost system and estimates next year's overhead will be $729,000, with the estimated cost driver of 243,000 direct labor hours. It manufactures three products and estimates the following costs: If the labor rate is $30 per hour, what is the per-unit cost of each product? Happy Trails has the following information for its manufacturing: Its income statement under absorption costing is: Prepare an income statement with variable costing and a reconciliation statement between both methods. If an amount box does not require an entry, leave it blank; Prepare an income statement with variable costing and a reconciliation statement between both methods. If an amount box does not The following information was collected for the first year of manufacturing for Appliance Apps: Prepare an income statement under variable costing method. v Check My Work Determine the income using the variable costing method. Variable costing only uses the variable costs that relate dire mind when calculating net income under this assumption. Depending on the cost method chosen, there will be differen under each method (absorption and variable). Absorption costing includes all costs necessary for production. Prepare a reconciliation to the income under the absorption method
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