Question: Need help finding these values. Attempted it twice and kept getting wrong answers. RB Toys started 2017 with no inventories. During the year, their expected



Need help finding these values. Attempted it twice and kept getting wrong answers.
RB Toys started 2017 with no inventories. During the year, their expected and actual production was 27,000 units, of which they sold 18,900 units at $60 each. Cost data for the year is as follows: (Click the icon to view the cost data.) Calculate RB Toys operating income under (a) variable costing, and (b) absorption costing. Explain why operating income differs under the two approaches. Begin by calculating RB Toys 's operating income under (a) variable costing. (If a box is not used in the table, leave the box empty; do not select a label or enter a zero.) Revenues 1,134,000 Variable cost of goods sold Variable marketing costs Contribution margin Fixed manufacturing costs Fixed marketing costs Operating income Now calculate RB Toys 's operating income under (b) absorption costing. (If a box is not used in the table, leave the box empty; do not select a label or enter a zero.) Revenues Cost of goods sold Gross margin Variable marketing costs Fixed marketing costs Operating income Manufacturing costs incurred: $ 530,000 $ 283,500 Variable: Fixed Marketing costs incurred: $ 135,600 s 75,400 Variable Fixed
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