TB Problem Qu. 7-272 Pacheo Corporation, which has only one... Pacheo Corporation, which has only one...

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TB Problem Qu. 7-272 Pacheo Corporation, which has only one... Pacheo Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price 20 Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense 96 940 2,410 3,020 3301 $ 19 $ 21 $ 1 $ 18 $50,610. $ 9,060 The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total fixed costs have been constant from month to month. Required: a. What is the unit product cost for the month under variable costing? b. Prepare a contribution format income statement for the month using variable costing. c. Without preparing an income statement, determine the absorption costing net operating income for the month. (Hint: Use the reconciliation method.) Complete this question by entering your answers in the tabs below. Required A Required B Required C What is the unit product cost for the month under variable costing? Cost per Unit Variable costing Required B > 2:52:00 Book Complete this question by entering your answers in the tabs below. Required A Required B Required C Prepare a contribution format income statement for the month using variable costing. Variable expenses: Variable Costing Income Statement Fixed expenses: Complete this question by entering your answers in the tabs below. Required A Required B Required C Without preparing an income statement, determine the absorption costing net operating income for the month. (Hint: Use the reconciliation method.) Reconciliation of Variable Costing and Absorption Costing Net Operating Incomes Variable costing net operating income (loss) Absorption costing net operating income (loss) TB Problem Qu. 7-272 Pacheo Corporation, which has only one... Pacheo Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price 20 Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense 96 940 2,410 3,020 3301 $ 19 $ 21 $ 1 $ 18 $50,610. $ 9,060 The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total fixed costs have been constant from month to month. Required: a. What is the unit product cost for the month under variable costing? b. Prepare a contribution format income statement for the month using variable costing. c. Without preparing an income statement, determine the absorption costing net operating income for the month. (Hint: Use the reconciliation method.) Complete this question by entering your answers in the tabs below. Required A Required B Required C What is the unit product cost for the month under variable costing? Cost per Unit Variable costing Required B > 2:52:00 Book Complete this question by entering your answers in the tabs below. Required A Required B Required C Prepare a contribution format income statement for the month using variable costing. Variable expenses: Variable Costing Income Statement Fixed expenses: Complete this question by entering your answers in the tabs below. Required A Required B Required C Without preparing an income statement, determine the absorption costing net operating income for the month. (Hint: Use the reconciliation method.) Reconciliation of Variable Costing and Absorption Costing Net Operating Incomes Variable costing net operating income (loss) Absorption costing net operating income (loss)