Question: Variable and Absorption Cesting Service Company prepares a variable costing income statement for internal management and an absorption costing income statement for its bank. Lawny
Variable and Absorption Cesting Service Company prepares a variable costing income statement for internal management and an absorption costing income statement for its bank. Lawny RX provides a quarterly lawn care service that is sold for $140. The variable and fixed cost data are as follows:
10000 services were signed and 9800 were completed.
please fill out the table in the bottom photo


Variable and Absorption Costing-Service Company Lawn RX, Inc. prepares a variable costing income statement for internal management and an absorption costing in During the year, 10,000 service contracts were signed and 9,800 service contracts were completed. Lawn RX had no se a. Calculate reported income for management. Do not use negative signs with any answers. b. Calculate reported income for the bank. Do not use negative signs with any answers
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
