Question: Required information The Chapter 6 Form worksheet is to be used to create your own worksheet version of the Review Problem in the text. 2.
Required information The Chapter 6 Form worksheet is to be used to create your own worksheet version of the Review Problem in the text. 2. Change all of the numbers in the data area of your worksheet so that it looks like this: 1 Chapter 6: Applying Excel 2 3 Data 4 Selling price per unit 376 5 Manufacturing costs: nces 6 Variable per unit produced: 7 Direct materials $ 143 8 Direct labor $ 72 9 Variable manufacturing overhead $ 36 10 Fixed manufacturing overhead per year $ 153,600 11 Selling and administrative expenses: 12 Variable per unit sold 13 Fixed per year 14 15 16 Units in beginning inventory 17 Units produced during the year 18 Units sold during the year $ 2 $ 64,000 Year 1 Year 2 0 3,200 2,400 2,700 2,700 Required information If your formulas are correct, you should get the correct answers to the following questions. (a) What is the net operating income (loss) in Year 1 under absorption costing? (b) What is the net operating income (loss) in Year 2 under absorption costing? 5 ints eBook (c) What is the net operating income (loss) in Year 1 under variable costing? Print References (d) What is the net operating income (loss) in Year 2 under variable costing
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