Refer to the information for Organic, Inc. Requirements 1. Using variable costing, calculate the unit product cost.
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Refer to the information for Organic, Inc.
Requirements 1. Using variable costing, calculate the unit product cost.
2. Prepare an income statement using the contribution margin format.
Organic, Inc. has collected the following data for November (there are no beginning inventories):
Transcribed Image Text:
Units produced and sold Sales price Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative costs Fixed selling and administrative costs 300 units $ 275 per unit 53 per unit 76 per unit 28 per unit 4,350 per month 20 per unit 4,675 per month
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Related Book For
Horngrens Accounting The Managerial Chapters
ISBN: 9781292105871
11th Global Edition
Authors: Tracie L. Miller-Nobles, Brenda L. Mattison, Ella Mae Matsumura
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