variable costing

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Dn June 30, 2010, the end of the first month of operations. Tudor Manufacturing Co. prepared the following income statement, based on the variable costing concept 1 Sales (425,000 units) 4 4 Variable cost of goods sold Tudor Manufacturing Co. Income Statement-Variable Costing For the Month Ended June 30, 2016 Variable cost of goods menufactured (510,000 units - $16 per unit) Less ending inventory (85,000 units-516 per unit) Variable cost of goods sold Manufacturing margin Variable selling and administrative expenses Contribution margin Found costs: Foxed manufacturing costs Fived selling and administrative expenses income from operations $8,160,000.00 1,360,000.00 $142,800.00 90,000.00 $8,385,000.00 6,800,000.00 $1,585,000.00 77,000.00 $1,508,000.00 232.800.00 $1,275,200.00 A Propers an absorption costing mome afatement Fefer to the Labels and Amount Desirpions at provided for the exact wording of the answer choces for test entries "Less" or "Plus" and cokins will automatically appear if it is required in your computations, round unit costs to decimal places and round final answers to the nearest dollar Reconcile the variable costing income from operations of $1,275,200 with the absorption costing income from operations determined in (A) Enter all amounts as positive numbers Instructions Income Statement 4 Sales I 4 1 For the Month Ended June 30, 2016 Variable cost of goods sold Cost of goods manufactured Less ending inventory Contribution margin Variable cost of goods sold Selling and administrative expenses Income from operations $8,385,000.00 Rene the variable costing income from operations of $1,275,200 with the absorption costing income from operations previously determined Enter aff amounts as positive numbers Tudor Manufacturing Co come from Operations-Absorption vs Virable Costing For the Month Ended June 10, 2018 Variate coating income from operators Absorption conting income from operations Different