REQUIREMENT 1

Using variable costing, calculate the unit product cost. (round to nearest cent)

REQUIREMENT 2

Prepare an income statement using the contribution margin format.

Bella, Inc. has collected the following data for November (there are no beginning inventories) (Click the icon to view the data.) Read the requirements. Data Table Unit product cost 550 units Requirement 2. Prepare an income statement using the contribution margin format. Bella, Inc. Income Statement (Variable Costing) For the Month Ended November 30 Units produced and sold Sales price Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable soling and administrative costs Fixed selling and administrative costs 350 per unit 45 per un 82 per unit 16 per unit 8.525 per month 30 per unit 4,500 per month Print Done Operating Income Read the requirements. Requirement 1. Using variable costing, calculate the unit product cost.( Variable costing Unit product cost IL III II ILL | 550 units 350 per unit 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 45 per unit 82 per unit 16 per unit 8,525 per month 30 per unit 4,500 per month