Question: I need the solution only for requirement 3 and 4 asap Game Play manufactures video games that it sells for $45 each. The company uses

I need the solution only for requirement 3 and 4 asap
Game Play manufactures video games that it sells for $45 each. The company uses a fixed manufacturing overhead allocation rate of $8 per game. Assume all costs and production levels are exactly as planned. The following data are from Game Play's first two months in business: (Click the icon to view the data.) Data Table Read the requirements Variable Costs 22.400 35.000 57,400 Contribution Margin 49.800 77,500 127.100 October November Fixed Costs 24.300 24.300 48.600 Sales 1.600 units 2.500 units $ 25,300 $ 53,200 5 78,500 Operating Income Production 2.300 units 2.300 units Variable manufacturing cost per game S 11 $ 11 Requirement 3. Is operating income higher under absorption costing or variable costing in October? In November? Explain the pattern of differences in operating income based Sales commission cost per game 3 3 In October, the operating income is higher under absorption costing. The primary reason for this is that Total fixed manufacturing overhead 13.800 13,800 in absorption costing the fixed manufacturing overhead costs are distributed across the entire production Total fixed selling and administrative costs 10.500 10,500 run as part of the unit cost. Under the absorption costing method, $ 4.200 of fixed manufacturing overhead costs are Requirements not expensed and remain in Finished Goods Inventory. Print Done In November, the operating income is higher under variable costing. The primary reason for this is because 1. Compute the product cost per game produced under absorption costing and 4200 of fixed manufacturing overhead that is contained in the units in ending inventory under under variable costing. absorption costing is not contained in the units of ending inventory under variable costing. As inventory 2. Prepare monthly income statements for October and November, including columns for each month and a total column, using these costing methods: declines as was the case in November, October's fixed manufacturing overhead a. absorption costing. costs that absorption costing assigned to that inventory are expensed in November This decreases November's b. variable costing 3. Is operating income higher under absorption costing or variable costing in absorption costing income. October? In November? Explain the pattern of differences in operating income based on absorption costing versus variable costing. Choose from any list or enter any number in the input fields and then click Check Answer. 4. Determine the balance in Finished Goods Inventory on October 31 and November 30 under absorption costing and variable costing. Compare the parts differences in inventory balances and the differences in operating income. Explain the differences in inventory balances based on absorption costing Check Answer versus variable costing. 3 remaining A
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