Question: Menu QUESTION Partialily correcT 044 points out of 1,00 P Regquestion 6 Partially correct Variable and Absorption Costing-Service Company Tech Helpers Company prepares an absorption
Menu QUESTION Partialily correcT 044 points out of 1,00 P Regquestion 6 Partially correct Variable and Absorption Costing-Service Company Tech Helpers Company prepares an absorption costing income statement for its bank. Tech Helpers provides a personal computer maintenance service that is sold for $135. The variable and fixed cost data are as follows: a variable costing income statement for internal management and $25.00 Direct labor Overhead Variable cost per unit Fixed cost Marketing general and administrative Variable cost (per service contract completed Fiuxed cost (per month) $16.00 240,000 16.00 $20,000 During 2015, 4,000 service contracts were started and 5,000 service contracts were completed. At the beginning of 2016. Tech Helpers had 1,000 service contracts in process at a per-unit cost of $125 in beginning work-in-process inventory a. Calculate reported income for management Do not use negative signs with any answers. Absorption Costing Income Statement Sales 675,000 Cost of Goods Sold: Beginning Inventory s 41,000
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