Question: HW Assignment - Chapter 6 Print Item Appliance Apps has the following costs associated with its production and sale of devices that allow appliances to

HW Assignment - Chapter 6 Print Item Appliance Apps has the following costs associated with its production and sale of devices that allow appliances to receive commands from cell phones. Beginning Inventory Units Produced Units Sold 0 26,000 20,800 Selling Price per Unit $144 Variable Sales and Administration Expenses $5 Fixed Sales and Administration Expenses $1,008,800 Direct Material Cost per Unit $25 Direct Labor Cost per Unit $10 Variable Manufacturing Overhead Cost per Unit $3 Fixed Manufacturing Overhead Cost per Month $1,016,600 Prepare an income statement under the absorption method. If an amount box does not require an entry, leave it blank. Appliance Apps Income Statement: Absorption Sales Cost of Goods Sold: Beginning Inventory Cost of Goods Manufactured Cost of Goods Available for Sale Ending Inventory Check My Work 0 1,016,600 X 2,995,200 Save and Exit Submit Assig

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