Question: Using information provided below: Beginning Inventory (units) Production (units) Sold Units 250 26500 19875 Ending Inventory (units) ???? Unit Selling Price 59 Manufacturing Costs incurred:
Using information provided below: Beginning Inventory (units) Production (units) Sold Units 250 26500 19875 Ending Inventory (units) ???? Unit Selling Price 59 Manufacturing Costs incurred: Variable 525000 Fixed 393750 Operating Cost incurred: Variable Fixed 55 $ 175000 $ 70000 A. Prepare a statement of comprehensive income using ABSORPTION costing B. Calculate the difference in operating income between Absorption and variable costing methods (DO NOT prepare a statement)
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