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3. Assume that sales in Chicago increase by $55,000 next year and that sales in Minneapolis remain unchanged. Assume no change in fixed costs a.
3. Assume that sales in Chicago increase by $55,000 next year and that sales in Minneapolis remain unchanged. Assume no change in fixed costs a. Prepare a new segmented income statement for the company. (Round your percentage answers to 1 decimal place (i.e. 01234 should be entered as 12.3).) Segments Total Company Chicago Minneapolis Amount Amount Amount 0.0 01 0.0 0 0.0 0.0 S 0 0.0 $ 0 0.0 0.0 Required 1. Under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end of last year? 2. Prepare an income statement for last year using variable costing. What is the amount of the difference in net operating income between the two costing methods? Complete this question by entering your answers in the tabs below Req 1 Req 2A Req 28 Under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end of last year? Fixed manufacturing overhead cost included in inventory Req 1 Req 2A > Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Prepare an income statement for last year using variable costing. Ida Sidha Karya Company Variable Costing Income Statement 0 0 0 KReq 1 Req 2B Complete this question by entering your answers in the tabs below Req 1 Req 2A Req 2B What is the amount of the difference in net operating income between the two costing methods? Amount of the difference in net operating income K Req 2A Req 2B
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