Question: solve Requirment 2 please Requirement 2. Prepare an income statement for the upcoming year using absorption costing O'Neill's Products Income Statement (Absorption Costing) For the


Requirement 2. Prepare an income statement for the upcoming year using absorption costing O'Neill's Products Income Statement (Absorption Costing) For the Year Ended December 31 Sales revenue $ 728,000 Less: Variable expenses Less: 1 Help me solve this Video Get more help www.www.wwwy O'Neill's Products Contribution Margin Income Statement (Variable Costing) For the Year Ended December 31 Sales revenue $ 728,000 Less Variable expenses Variable cost of goods sold 390 000 52.000 Variable operating expenses D Contribution margin 286,000 Less Fbced expenses Fixed manufacturing overhead 143,000 86,000 Fixed operating expenses $ 57 000 Operating income Help me solve this Video Get more help bdy data) - X More info . income statement for the upcoming y O'Neill's Products n Income Statement (Variable Cost Year Ended December 31 . Selling price per unit is $56 Variable manufacturing costs per unit manufactured (includes direct materials (DM), direct labor (DL), and variable MOH) $30 Variable operating expenses per unit sold $4 Fixed manufacturing overhead (MOH) in total for the year $143.000 Fixed operating expenses in total for the year $86,000 Units manufactured and sold for the year 13,000 units . . . ds sold expenses Print Done g overhead TOVU
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