Question: what am i doing wrong. it says eveything is roght but it still says answer not complete High Country, Incorporated, produces and sells many recreational

what am i doing wrong. it says eveything is roght but it still says answer not complete
what am i doing wrong. it says eveything is roght but it
still says answer not complete High Country, Incorporated, produces and sells many
recreational products. The company has just opened a new plant to produce
a folding camp cot that will be marketed throughout the United States.
The following cost and revenue data relate to May, the first month

High Country, Incorporated, produces and sells many recreational products. The company has just opened a new plant to produce a folding camp cot that will be marketed throughout the United States. The following cost and revenue data relate to May, the first month of the plant's operation: Beginning inventory Units produced 37,000 Units sold 32,000 Selling price per unit $ 78 Selling and administrative expenses : Variable per unit $ 4 Fixed per month) $ 562,000 Manufacturing costs: Direct materials cost per unit $ 14 Direct labor cost per unit $7 Variable manufacturing overhead cost per unit $ 2 Fixed manufacturing overhead cost (per month $ 703,000 Management is anxious to assess the profitability of the new camp cot during the month of May. Required: 1. Assume that the company uses absorption costing a. Calculate the unit product cost. b. Prepare an income statement for May 2. Assume that the company uses variable costing a. Calculate the unit product cost. b. Prepare a contribution format income statement for May. Required: 1. Assume that the company uses absorption costing. a. Calculate the unit product cost. b. Prepare an income statement for May 2. Assume that the company uses variable costing. a. Calculate the unit product cost. b. Prepare a contribution format income statement for May. Answer is not complete. Complete this question by entering your answers in the table below. Reg 1A Reg 1B Red 2A Reg 2B Determine the unit product cost. Assume that the company uses absorption costing. Unit product cost $ 42 Req 18> TA Required: 1. Assume that the company uses absorption costing a. Calculate the unit product cost b. Prepare an income statement for May, 2. Assume that the company uses variable costing. a. Calculate the unit product cost b. Prepare a contribution format income statement for May. Answer is not complete Complete this question by entering your answers in the table below. Reg 1A Reg 1B Reg 2A Req 28 Prepare an income statement for May. Assume that the company uses absorption costing. High Country, Incorporated Absorption Costing Income Statement Sales $ 2,490,000 Cost of goods sold 1,344,000 Gross margin 1.152,000 Selling and administrative expenses 690.000 462.000 Required: 1. Assume that the company uses absorption costing. a. Calculate the unit product cost. b. Prepare an income statement for May 2. Assume that the company uses variable costing. a. Calculate the unit product cost. b. Prepare a contribution format income statement for May, Answer is not complete Complete this question by entering your answers in the table below. Red 1A Reg 1B Reg 2A Reg 28 Determine the unit product cost. Assume that the company uses uses variable costing Unit product cost s 23 a. Calculate the unit product cost. b. Prepare a contribution format income statement for May Answer is not complete. Complete this question by entering your answers in the table below. Reg 1A Reg 1B Reg 2A Reg 28 Prepare a contribution format income statement for May. Assume that the company uses variable costing. High Country, Incorporated Variable Costing Income Statement $ 2,496,000 Variable expenses: Variable cost of goods sold Variable selling expense $ 736,000 128,000 864,000 1,632,000 Contribution margin Fixed expenses Fixed manufacturing overhead Fixed selling and administrative expense 703,000 562,000 1,265,000 $367,000 > Net operating income (Reg 2A

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