Question: Hi, I need some help please. Can you show me how it's down too? Thank you Required: a) What is the unit product cost for

 Hi, I need some help please. Can you show me how

Hi, I need some help please. Can you show me how it's down too? Thank you

it's down too? Thank you Required: a) What is the unit productcost for the month under variable costing? (2 marks) b) Prepare an

Required: a) What is the unit product cost for the month under variable costing? (2 marks) b) Prepare an income statement for the month using the contribution format and the variable costing method. (you can use a collapsed cost of goods sold (i.e. one number) or an expanded cost of goods sold (i.e. using inventory). (8 marks) c) Without preparing an income statement, determine the absorption costing operating income for the month. (Hint: Use the reconciliation method.) (4 marks) Short Answer Toolbar navigation B I US E E E E KNABC Company, which has only one product, ABC Company, which has only one product, has provided the following data concerning its most recent month of operations: (14 marks) Selling price $110 Units in beginning inventory O Units produced 4, 600 Units sold 4, 200 Units in ending inventory 400 Variable costs per unit : Direct materials $46 Direct labour $28 Variable manufacturing overhead $5 Variable selling and administrative $10 Fixed costs: Fixed manufacturing overhead $55, 200 Fixed selling and administrative $25, 200

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