Question: Please help me with qa) PLS DO FOLLOW THE TABLE FORMAT WITH THE GIVEN DROPDOWN LISTS. THIS IS ONLY ONE ABSORPTION-COSTING INCOME STATEMENT, PLS MAKE
Please help me with qa) PLS DO FOLLOW THE TABLE FORMAT WITH THE GIVEN DROPDOWN LISTS. THIS IS ONLY ONE ABSORPTION-COSTING INCOME STATEMENT, PLS MAKE UR ANSWER STRAIGHT FOWARD AND FOLLOW THE TABLE FORMAT WITH THE GIVEN DROPDOWN LIST IN QUESTION A). I NEED THIS ASAP,




The Bet Company manufactures and sells personal organizers. The following are the operating date for the company for 2021 and 2022: 2021 2022 Units produced 62.400 52,000 Units sold 56,160 56,160 Selling price per unit $285.00 $285.00 Variable costs per unit Direct materials $85.00 $85.00 Direct labour 45.00 45.00 Variable overhead 40.00 40.00 Selling expenses 35.00 35.00 Fixed manufacturing overhead (total) $2.620.800 $2.620,800 Fixed selling and administrative expenses (total) $312,000 $312,000 There was no beginning inventory on January 1, 2021. The company used the FIFO method to calculate the cost of inventories. Ignore income taxes.(a) Prepare income statements for 2021 and 2022 using the absorption-costing method. (Round per unit calculations to 2 decimal places, e.g. 15.25 and final answers to O decimal places, e.g. 125.) BETCOMPANY Absorption-Costing Income Statement 2022 December 31 Sales in units For the Months Ended December 31 For the Years Ended December 31 $ $(a) Prepare income statements for 2021 and 2022 using the absorption-costing method. (Round per unit calculations to 2 decimal places, eg. 15.25 and final answers to O decimal places, e.g. 125.) BETCOMPANY Absorption-Costing Income Statement 2021 2022 Sales in units V Cost of goods sold Manufacturing overhead Sales Gross profit Net Income Cost of goods manufactured Operating expenses Contribution margin 5 Cost of goods available for sale Selling and administrative costs(a) Prepare income statements for 2021 and 2022 using the absorption-costing method. (Round per unit calculations to 2 decimal places, e.g. 15.25 and final answers to O decimal places, e.g. 125.) BETCOMPANY Absorption-Costing Income Statement 2021 2022 Sales in units TT Add Less
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