Trost Gaming Inc. is a video game producer, and management in its manufacturing arm is reviewing its
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Trost Gaming Inc. is a video game producer, and management in its manufacturing arm is reviewing its income statement for the previous quarter. Trost had no beginning inventory, itreproduced below: sold 160,000 units, and it had ending inventory of 20,000 units. Its cost structure is Price Variable Cost/unit produced S 10.00 Fixed Costs 5. 00Nonmanufacturing Variable Cost/unit sold Non manufacturing Fixed Cost $S360,0001.00100,000.
a. Reproduce an absorption costing income statement for Trost. (12 points)
b. What would Trost's manufacturing division's?
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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