1.

2.a

2.b

please

a. prepare a contribution format income statement for thr month using variable costing

b. prepare an income statement for the month using absorption costing

a.

b.

Spless Corporation has two major business segments-Apparel and Accessones. Data consegnaments for December appear below 2 Sales revenus Apparel 393, Vart Apparel 3336.00 Traceable fixed wapenses! $ 167, Sare Accessories $0.00 Varias expresser 474,00 Traceshle fixed expenses, ASR $ 170,00 Common fixed expenses total 293.000 and were allocated as follows $20.000 to the business segment and $17.000 the Accessories business segment 3 00:55:30 Required: Prepare a segmented income statement in the contribution format for the company Total Ceny Apper Acces Netoperating income Das Nelter Corporation which has only one product, has provided the following data concerning to our recent month of operation Sell in orice $.92 Units in beginning inventory 300 Units produced 5,909 Units sold Units in ending Inventory 6,000 200 Variable costs per unit: Direct materials $ 39 Direct labor 519 Variable manufacturing overhead $ 2 Variable selling and administrative expense $ 11 Fixed costs: Fixed manufacturing overhead $ 88,500 Fixed selling and administrative expense 5 36,000 The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total fixed costs have been constant from month to month Required: a Prepare a contribution format income statement for the month using variable costing b. Prepare an income statement for the month using absorption costing Complete this question by entering your answers in the tabs below. Required A Required B Prepare a contribution format income statement for the month using variable costing. cy 12 U dve been constant from month to mort Required: a Prepare a contribution format income statement for the month using anable b. Prepare an incometement for the month using absorption costing. Complete this question by entering your answers in the tabs below. oints 8.00 5.02 Required A Required B Prepare an income statement for the month using absorption costing. Absorption Costing Income Statement Savod Complete this question by entering your answers in the tabs below. Required A Required B Prepare an income statement for the month using absorption costing. Absorption Costing Income Statement 0 0