results for Marchi

$\backslash$table$[[$Sisles $(11\mathrm{.}500$ units$),,$$$1,495,000],[$Production costs $(15,000$ units$),],[$Direct materials,$$721,500,],[$Divect labor,$346,500,],[$Variable factory overhead,$172\mathrm{.}500,],[$Fixed factory overhead,$115\mathrm{.}500,1\mathrm{.}356\mathrm{.}000],[$Seling and adrinistrative exjernes!$],[$Weriable selling and administrative experaes,$$210,200,],[$Fired selling and adwinistrative expenses,$81\mathrm{.}400,291,600]]$

If required, nound interins per$-$unit calculations to the nearest cent.

a$.$ Prepare an income statement according to the absorption covting conoept.

Crary Mountain Sports Inc.

Ahsorption Costing Income Statemeet For the Honth Inded Harch $31$

resilns for Marion

Sale $(11$ WNo telto$)$

$$1\mathrm{.}470\mathrm{.}000$

Tesduction geits $(15$ B$00$ unde$)$

$\backslash$table$[[$Denect matierial.,$5721\mathrm{.}300],[$Onect laber,$346\mathrm{.}300],[$Wrishle factery mewtieat,$172\mathrm{.}500],[$Heed flatory coveinal,$135\mathrm{.}506],[$Seltirg and afreidetratiot experees!$],[$Weriable selling and alveestritie experees,$5210,206],[$Pred weliny and atwindrative expersees,$81\mathrm{.}496]]$

If nequired, meund interim ner unal extrulations to the nearent cent.

Crary Mountain Speots Int.

Fer the Mineth I wiel Mert Mi

Remoss

Inentiat

F Ones hif Whet evertead.

h$.$ Poppare an income ataternent accoeding to the variable costing conoegt.

Craxy Abeuntain Sports Inc.

Variable Costing Incouese Statement

Fee the Mionth Ended March $31$

b$.$ Prepare an income statement according to the variable costing concept.

Crazy Mountain Sports Inc.

Variable Costing Income Statement

For the Month Ended March $31$

Line Item Description

$q,$

sales

Mariable cost of eoods sold

Manufacturing margin

Variable selling and administrative expenses $*$ darr

Contribution margin $v$

Foxed costs:

Total fixed costs

Operating income $v$

Arnount

Amount

$$

$$

$ $$

$$

$5$

Feethack

TOneck My Work.

b$.$ Under variable costing, the cost of goods manufactured includes only variable manufacturing

pok

Show Mle How

me Statements under Absorption Costing and Variable Costing

y Mountain Sports Inc, assembles and sells snowmobile engines. The company began operations on March $1$ and operated at $100\%$ of capacity during the fint monch. The following data summartse the Its for Marcha

is $(11,500$ units$)$

$$1,495,000$

huction costs $(15,000$ units$)$:

rect materials

rect labor $,346,500$

ariable factory overhead $172\mathrm{.}500$

wed factory overhead $,115,500,1,356,000$

ing and administrative expenses:

ariable selling and administrative expenses

$\backslash$table$[[$$$210,200,],[81,400,291\mathrm{.}600]]$

nquired, round interim per$-$unit calculations to the nearest cent.