i need the theoretical and practical.

= Homework: C... Question 16, P9-37 (simil Part 11 of 13 HW Score: 92.74%, 18.55 Points: 0.46 of 1 Tolman Lager has just purchased the Boise Brewery The brewery is two years old and uses absorption costing. It will "se barrel. Peter Bryant, Tolman Lager's controller, obtains the following information about Boise Brewery's capacity and budg (Click the icon to view the information ) Read the requirements THE Normal capacity utilization 10 14 30.25 Now compute the operating income for each capacity concept, one at a time belle variances 35 layorahlo (F) or unfavo balance accounts) Theoretical capacity Revenues Cost of goods sold Beginning inventory Vanable manufacturing costs Fixed manufacturing overhead cost allocated Cost of goods available for sale Deduct ending inventory Adjustment for variances Cost of goods sold Gross margin Other costs Operating income Help Me Solve This e Text Pages Get More Help Clear Al work: C... Question 16, P9-37 (simil... Part 11 of 13 > HW Score: 92.74%, 18.55 of 20 points Points: 0.46 of 1 @ just purchased the Boise Brewery, The brewery is two years old and uses absorption costing. It will "sell its product to Tolman Lager at ht. Tolman Lager's controller, obtains the following information about Boise Brewery's capacity and budgeted fixed manufacturing costs fe to view the information ) Data Table puyz Denominator-Level Capacity Concept Theoretical capacity Practical capacity Normal capacity utilization Master-budget capacity utilization for each half year: (a) January-June 2017 (b) July-December 2017 Budgeted Fixed Manufacturing Overhead per Period $ 28,000,000 $ 28,000,000 $ 28 000,000 Days of Hours of Production Production Barrels per per Period per Day Hour 362 22 600 354 20 500 354 20 390 S 177 340 14,000,000 14,000,000 20 20 $ 177 440 Print Done ork: C... Question 16, P9-37 (simil... Part 11 of 13 > HW Score: 92.74%, 18.55 of 20 points Points: 0.46 of 1 t purchased the Boise Brewery The brewery is two years old and uses absorption costing. It will "sell" its product to Tolman Tolman Lager's controller, obtains the following information about Boise Brewery's capacity and budgeted fixed manufacturin view the information is Requirements zatid erati 1. Compute the budgeted fixed manufacturing overhead rate per barrel for each of the denominator-level capacity concepts Explain why they are different 2. In 2017, the Boise Brewery reported these production results Beginning inventory in barrels, 1-1-2017 Production in barrels 2,600,000 Ending inventory in barrels, 12-31 2017 200,000 Actual variable manufacturing costs $ 78,650.000 Actual lixed manufacturing overhead costs $ 27,600,000 There are no variable cost variances Fixed manufacturing overhead cost variances are written off to cost of goods sold in the period in which they occur. Compute the Boise Brewery's operating income when the denominator level capacity is (a) theoretical capacity. (b) practical capacity, and (c) normal capacity utilization ring a gove able 1 intory ances Print Done