Question: Prepare the April and May income statements using variable costing and under absorption costing Selling price is: $24000 April May Unit data: Beginning inventory 0

Prepare the April and May income statements using variable costing and under absorption costing

Selling price is: $24000

Prepare the April and May income statements using variable costing and under

April May Unit data: Beginning inventory 0 150 Production 500 400 Sales 350 520 Variable costs: Manufacturing cost per unit produced $ 10,000 $ 10,000 Operating (marketing) cost per unit sold 3,000 3,000 Fixed costs: Manufacturing costs $ 2,000,000 $ 2,000,000 Operating (marketing) costs 600,000 600,000

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