Question 5

x Data table - Requirements Units produced and sold Sales price Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative costs Fixed selling and administrative costs 350 units $225 per unit 45 per unit 63 per unit 10 per unit 5,600 per month 1. Using variable costing, calculate the unit product cost. 2. Prepare an income statement using the contribution margin format 40 per unit 4,675 per month Johnson, Inc. has collected the following data for November (there are no beginning inventories): (Click the icon to view the data.) Read the requirements. Requirement 1. Using variable costing, calculate the unit product cost. (Round your final answer to the nearest cent.) Variable costing Unit product cost Requirement 2. Prepare an income statement using the contribution margin format. Johnson, Inc. Income Statement (Variable Costing) For the Month Ended November 30 Operating Income