0 Name ACCT 252 Management Accounting Examination 2 Thursday, May 17, 2018 sheet of Your examination will be due at 9:30 AM. You will be allowed a calculator and an 8 x 11 paper with notes on both sides. Please hand in your notes when when you submit your examination. You need to organize and show me your work so I can give you blank and no phones are allowed! partial credit. Do not leave any questions (45 points) Hardin Company, which has only one product, has provided the following data concerning its first month of operations: 1. Selling price $200 Units produced Units sold 3,000 2,000 $90 $20 Variable product costs per unit Variable selling and administrative costs per unit Fixed manufacturing costs Fixed selling and administrative costs $90,000 $50,000 Required: a. What is the value of ending inventory using the absorption costing b. What is the value of ending inventory using the variable costing method? c. What is the gross profit margin per unit? method? an income statement for the month usingabsorpon costing (assume no taxes). absorption costing (assume no taxes). What is the contribution margin per unit? Prepare a variable costing income statement for the month using variable costing (assume no e. f. 35