Question: table [ [ , 2 0 2 0 , 2 0 2 1 , 2 0 2 2 , Total ] , [ Units

\table[[,2020,2021,2022,Total],[Units sold,20,000,20,000,20,000,60,000],[Units produced,20,000,25,000,15,000,60,000],[Fixed production costs,$750,000,$750,000,$750,000,],[Variable production costs per unit,150,150,150,],[Selling price per unit,250,250,250,],[Fixed selling and administrative expense,220,000,220,000,220,000,]]
Required
a. Calculate profit and the value of ending inventory for each year using full costing-
\table[[,2020,2021,2022],[Fixed production costs,,,],[Number of units,,,],[Foxed production cost per unit,,,],[Variable production costs per unit,,,],[Full cost per unit,,,],[Sales,,,],[Cost of goods sold,,,],[Gross margin,,,],[Selling and administrative expense,,,],[Net income,,,],[Number of units,-,5.000,-],[Cost per unit,,,],[Value of ending inventory,,,]]
c. Calculate profit and the value of ending inventory for each year using variable costing.
\table[[,20220,2021,2022],[Sales,,,],[Variable cost of goods sold,,,],[Contribution margin,,,],[Fored production costs,,,],[Fixed selling and admin. expense,,,],[Net income,,,],[Number of units,,=5,000,-],[Cost per unit,,,],[Value of ending frvertary,,,]]
\ table [ [ , 2 0 2 0 , 2 0 2 1 , 2 0 2 2 , Total

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