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2. Craigco has capacity to build 5,000 products per month. a) Fill in the blanks 1,500 units 5,000 units 3,000 units $ 24,000.00 Total Variable
2. Craigco has capacity to build 5,000 products per month. a) Fill in the blanks 1,500 units 5,000 units 3,000 units $ 24,000.00 Total Variable Costs Fixed Overhead Costs Fixed nonmanufacturing overhead Total operating Costs Variable Cost per unit Fixed Overhead per unit $ 12.00 Fixed nonmanufacturing overhead per unit $ 2.50 Cost per unit For the month of July 2019, they opened with O units in their opening inventory, produced 4,500 units and sold 4,000 units for $25 each. b) Create a projected financial statement using absorption costing c) Create a projected financial statement using variable costing d)Explain the difference between your answer in b&c
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