Question:

Question 1

Use the following data to answer the question

	2022
Unit Data
Beginning Inventory	0
Production	1000
Sales	900
variable costs
direct material cost per unit produced	$153
direct labor cost per unit produced	$88
variable MOH cost per unit produced	$115
variable SGA cost per unit sold	$42
Fixed costs
Fixed MOH costs	$471,000
Fixed SGA costs	$90,000

Using throughput costing, what is the income in 2022 if each unit sells for $2000?

Question 2

Use the following data to answer the question

	2022
Unit Data
Beginning Inventory	0
Production	1000
Sales	900
variable costs
direct material cost per unit produced	$207
direct labor cost per unit produced	$121
variable MOH cost per unit produced	$104
variable SGA cost per unit sold	$50
Fixed costs
Fixed MOH costs	$482,000
Fixed SGA costs	$66,000

Using variable costing, what is the income in 2022 if each unit sells for $2000?

Question 3

Use the following data to answer the question

	2022
Unit Data
Beginning Inventory	0
Production	1000
Sales	800
variable costs
direct material cost per unit produced	$208
direct labor cost per unit produced	$82
variable MOH cost per unit produced	$104
variable SGA cost per unit sold	$42
Fixed costs
Fixed MOH costs	$456,000
Fixed SGA costs	$73,000

Using absoprtion costing, what is the income in 2022 if each unit sells for $2000?

Question 4

Use the following data to answer the question

	2022
Unit Data
Beginning Inventory	0
Production	1100
Sales	900
variable costs
direct material cost per unit produced	$239
direct labor cost per unit produced	$143
variable MOH cost per unit produced	$107
variable SGA cost per unit sold	$49
Fixed costs
Fixed MOH costs	$477,000
Fixed SGA costs	$67,000

Using throughput costing, what is the inventory balance for 2022?

Question 5

Use the following data to answer the question

	2022
Unit Data
Beginning Inventory	0
Production	1100
Sales	900
variable costs
direct material cost per unit produced	$172
direct labor cost per unit produced	$77
variable MOH cost per unit produced	$104
variable SGA cost per unit sold	$56
Fixed costs
Fixed MOH costs	$450,000
Fixed SGA costs	$78,000

Using variable costing, what is the inventory balance for 2022?

Question 6

Use the following data to answer the question

	2022
Unit Data
Beginning Inventory	0
Production	1100
Sales	900
variable costs
direct material cost per unit produced	$162
direct labor cost per unit produced	$140
variable MOH cost per unit produced	$114
variable SGA cost per unit sold	$51
Fixed costs
Fixed MOH costs	$450,000
Fixed SGA costs	$63,000

Using absorption costing, what is the inventory balance for 2022?