Question: Help Please Exercise 19-12 (Algo) Prepare variable costing income statement LO P2 Dion Company reports the absorption costing income statement below for May. The company

Exercise 19-12 (Algo) Prepare variable costing income statement LO P2 Dion Company reports the absorption costing income statement below for May. The company began the month with no finished goods inventory. Dion produced 22,200 units, and 3,100 units remain in ending finished goods inventory for May, Fixed overhead was $55,500, Variable selling and administration expenses were $41,000 and fixed selling and administrative expenses were $21,500. Prepare an income statement using variable costing. Exercise 19-13 (Algo) Prepare absorption costing income statement LO P2 Trevor Company reports the variable costing income statement below for June. The company began the month with no finished goods inventory. It produced 13,400 units in June, and 3,700 units remain in ending finished goods inventory. Prepore an income statement using absorption costing
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
