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1 and 2 please Quarryman Corporation Case Part I: Quarryman Corporation manufactures and sells 50-inch television sets and uses standard costing. Actual date relating to

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1 and 2 please

Quarryman Corporation Case Part I: Quarryman Corporation manufactures and sells 50-inch television sets and uses standard costing. Actual date relating to January, February, and March 2019 are as follows: January February March Unit data: Beginning Inventory 0 100 100 Production 1,500 1,425 1,425 1,560 Sales 1,550 1,400 Variable Costs: Manufacturing Cost per unit produced Marketing cost per unit sold $1,000 $1,000 $1,000 $700 $700 $700 Fixed Costs: Manufacturing Costs Marketing Costs $525,000 $525,000 $525,000 $140,000 $140,000 $140,000 The selling price per unit is $3,600. The budgeted level of production used to calculate the budgeted fixed manufacturing costs was 1,500 units in January, 1,425 units in February, and 1,560 units in March. There are no price, efficiency or spending variances to worry about Part II: The variable manufacturing costs per unit of Quarryman Corporation are as follows: January February $535 March Direct materials cost $535 $535 per unit Direct manufacturing labor cost per unit MOH cost per unit $190 $190 $190 $275 $275 $275 $1,000 $1,000 $1,000 1. Prepare income statement for Quarryman Corporation in January, February and March 2019 under throughput costing. 2. Contrast the results of throughput costing with those of variable costing. If you calculate different profit figures, reconcile the difference. In other words, tell me where the difference is, and quantify it

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