COMPUTE THE MISSING ITEMS Refer to the image below (All data and questions are there, the questions are the missing numbers below and supposed to be answered)

It is 1-22

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THIKTHAK Corporation has the following result for its three years in operation. VARIABLE COSTING YEAR 1 YEAR 2 YEAR 3 Sales (1) (8) 300,000 Variable Cost: Cost of sales 88,000 (9) 110,000 Selling & Administrative (2) 11,000 (15) Contribution Margin (3) (10) (16) Fixed costs (4) 150,000 (17) Operating Income (6,000) (11) 30,000 ABSORPTION COSTING Sales (5) (12) (18) Cost of sales (6) 231,000 (19) Gross profit (7) (13) (20) Operating expenses 58,000 (14) (21) Operating Income 14,000 38,000 30,000 Sales (units) (22) 11,000 10,000 The company did not have any under or over applied overhead during the three-year period. There were no changes in the selling price and the company's cost structure. THIKTHAK Corporation has the following result for its three years in operation. VARIABLE COSTING YEAR 1 YEAR 2 YEAR 3 Sales (1) (8) 300,000 Variable Cost: Cost of sales 88,000 (9) 110,000 Selling & Administrative (2) 11,000 (15) Contribution Margin (3) (10) (16) Fixed costs (4) 150,000 (17) Operating Income (6,000) (11) 30,000 ABSORPTION COSTING Sales (5) (12) (18) Cost of sales (6) 231,000 (19) Gross profit (7) (13) (20) Operating expenses 58,000 (14) (21) Operating Income 14,000 38,000 30,000 Sales (units) (22) 11,000 10,000 The company did not have any under or over applied overhead during the three-year period. There were no changes in the selling price and the company's cost structure.