Question: table [ [ , 2 0 2 0 , 2 0 2 1 , 2 0 2 2 , Total ] , [ Units
tableTotalUnits sold,Units produced,Fixed production costs,$$$Variable production costs per unit,Selling price per unit,Fixed selling and administrative expense,
Required
a Calculate profit and the value of ending inventory for each year using full costing
tableFixed production costs,,,Number of units,,,Foxed production cost per unit,,,Variable production costs per unit,,,Full cost per unit,,,SalesCost of goods sold,,,Gross margin,,,Selling and administrative expense,,,Net income,,,Number of units,Cost per unit,,,Value of ending inventory,,,
c Calculate profit and the value of ending inventory for each year using variable costing.
tableSalesVariable cost of goods sold,,,Contribution margin,,,Fored production costs,,,Fixed selling and admin. expense,,,Net income,,,Number of units,,Cost per unit,,,Value of ending frvertary,,,
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