3 quarter follow 25 por ok Units produced 31.28 Units sold 28,200 Variable costs per unit: Direct materials $ 7.10 Direct labor 55.B Variable manufacturing overhead $ 1.60 Variable selling and administrative 16.40 Required: 1. Complete the following: a Compute the unit product cost under absorption costing, b. What is the company's absorption costing net operating income foss) for the quarter? c. Reconcile the variable and absorption costing net operating income foss) figures 3. During the second quarter of operations, the company again produced 31,200 units but sold 34,200 units. (Assume no change in total fixed costs) a What is the company's variable costing net operating income (loss) for the second quarter? b What is the company's absorption costing net operating income foss) for the second quarter? c. Reconcile the variable costing and absorption costing net operating incomes for the second quarter References Complete this question by entering your answers in the tabs below. Reg 1A Reg 10 Req1c RegJA Reg 38 Reg 3C Compute the unit product cost under absorption costing. (Round your answer to 2 decimal places.) Un productos 5 8.00 Reg 1 > Chapter 8 Class Anment 3 TAL Direct labor Varenufacturing overhead Variable selling and administrative $5.B 51.60 $ 6,40 point Required: 1. Complete the following: a. Compute the unit product cost under absorption costing b. What is the company's absorption costing net operating income foss) for the quarter? c. Reconcile the variable and absorption costing net operating income (loss) figures 3. During the second quarter of operations, the company again produced 31.200 units but sold 34,200 units. Assume no change in total fixed costs) a. What is the company's variable costing net operating Income oss) for the second quarter? b. What is the company's absorption costing net operating income foss) for the second quarter? c Reconcile the variable costing and absorption costing net operating incomes for the second quarter ook Print Complete this question by entering your answers in the tabs below. References Raq 1A Reg 18 N Rollc Reg 3 Reg38 Reg 20 What is the company's absorption costing net operating income (los) for the quarter? (Round your intermediate calculations to 2 decimal places.) Tami's Creations, Incorporated Absorption Costing Income Statement Total 0 Net operating income foss) Chapter 6 Ciness Assignment 3 point urecem Direct labor l Variable sanufacturing overhead $ 1.60 Variable selling and dinistrative $ 6.40 Required: 1 Complete the following: a. Compute the unit product cost under absorption costing, b. What is the company's absorption costing net operating Income foss) for the quarter? c Reconcile the variable and absorption costing net operating income (loss) figures 3. During the second quarter of operations, the company again produced 31,200 units but sold 34,200 units. (Assume no change in total fixed costs.) a. What is the company's variable costing net operating income foss) for the second quarter? b. What is the company's absorption costing net operating income foss) for the second quarter? c. Reconcile the variable costing and absorption costing net operating incomes for the second quarter ook Print Complete this question by entering your answers in the tabs below. Deferences Reg 1A Reg 18 Regic Req 3A Reg 38 Reg 30 Reconcile the variable and absorption costing net operating Income Close) figures. (oses and deductions should be entered as a negative.) Reconciliation of Variable Costing and Absorption Costing Net Operating Incomes Variable costing net operating income foss) Absorption costing net operating income 005) 3 Complete this question by entering your answers in the tabs below. Req LA Reg 16 RIC ReqJA Red 38 25 point Reg 30 During the second quarter of operations, the company again produced 31,200 units but sold 34,200 units. What is the company variable conting net operating income (loss) for the second quarter? Tami's Crwions, Incorporated Variate Costing Income Statement eloos Pont References 0 Net operating income do 3 Vacang overness Variable selling and administrative > $6.48 25 points Required: 1. Complete the following: a Compute the unit product cost under absorption costing. b. What is the company's absorption costing net operating income (loss) for the quarter? c. Reconcile the variable and absorption costing net operating income (loss) figures 3. During the second quarter of operations, the company again produced 31,200 units but sold 34,200 units. (Assume no change in total fixed costs) a. What is the company's variable costing net operating income (oss) for the second quarter? b. What is the company's absorption costing net operating income (loss) for the second quarter? c. Reconcile the variable costing and absorption costing net operating incomes for the second quarter Print Complete this question by entering your answers in the tabs below. References Reg 1A Reg 18 Req 1C Reg 3A Reg 30 Regac During the second quarter of operations, the company again produced 31.200 units but sold 34,200 units. What is the company's absorption costing net operating income (los) for the second quarter (Round your intermediate calculations to 2 decimal places.) Tami's Creations, Incorporated Absorption Costing Income Statement Total 0 Net operating income foss) 3 Tang overnen Variable selling and administrative $ 6.40 25 Required: 1. Complete the following a. Compute the unit product cost under absorption costing b. What is the company's absorption costing net operating income foss) for the quarter? Reconcile the variable and absorption costing net operating income (loss) figures. 3. During the second quarter of operations, the company again produced 31,200 units but sold 34,200 units. (Assume no change in total fixed costs) a. What is the company's variable costing net operating income foss) for the second quarter? D. What is the company's absorption costing net operating income (loss) for the second quarter? c. Reconcile the variable costing and absorption costing net operating incomes for the second quarter. Print Complete this question by entering your answers in the tabs below. ferences Reg 1 Re 16 Raq 1C Req A Reg 30 Req3c During the second quarter of operations, the company again produced 31,200 unito but sold 34,200 units. What is the company absorption costing net operating Income (lon) for the second quarter Round your intermediate calculations to 2 decimal places.) Tami's Creations, Incorporated Absorption Costing Income statement Total 0 7 Net Operating income Los) Tami Tyler opened Tami's Creations, Incorporated, a small manufacturing company at the beginning of the year. Getting the company through its first quarter of operations placed a considerable strain on Ms. Tyler's personal finances. The following income statement for the first quarter was prepared by a friend who has just completed a course in managerial accounting at State University Toni's Creations, Incorporated Income Statement For the Quarter Ended March 31 Sales (28,200 units) $ 1,128,000 Variable expenses Variable cost of goods sold $ 408,90 Variable selling and administrative 180,480 5893 Contribution margin 538,620 Fixed expensest Fixed manufacturing overhead 249,60 Fixed selling and administrative 302 220 SS2 Net operating loss SX 12.000) Ms. Tyler is discouraged over the loss shown for the quarter particularly because she had planned to use the statement as support for a bank loan. Another friend, a CPA, insists that the company should be using absorption costing rather than variable costing and argues that if absorption costing had been used the company probably would have reported at least some profit for the quarter At this point, Ms. Tyler is manufacturing only one product-a swimsuit Production and cost data relating to the swimsuit for the first quarter follow . nces 32.200 25,200 units produced Units sold Variable costs per unit: Direct naterials direct labore Variable manufacturing overhead Variable selling and administrative 17.10 5 3. 5.1.1 S.de Required: 1 Complete the following: e Compute the unit product cost under absorption costing b. What is the company's absorption costing net operating income oss for the quarter? Recondle the variable and absorption costing net operating income doss) figures 3. During the second quarter of operations, the company aguin produced 31.200 units but soia 34 200 unts. Assume no change in total fixed costs a. What is the company's variable costing net operating income oss for the second cuter? b. What is the company's absorption costing net operating income oss for the second quarter Rennes the variante cine and Anton et nennerating inomene the crand inte 3 quarter follow 25 por ok Units produced 31.28 Units sold 28,200 Variable costs per unit: Direct materials $ 7.10 Direct labor 55.B Variable manufacturing overhead $ 1.60 Variable selling and administrative 16.40 Required: 1. Complete the following: a Compute the unit product cost under absorption costing, b. What is the company's absorption costing net operating income foss) for the quarter? c. Reconcile the variable and absorption costing net operating income foss) figures 3. During the second quarter of operations, the company again produced 31,200 units but sold 34,200 units. (Assume no change in total fixed costs) a What is the company's variable costing net operating income (loss) for the second quarter? b What is the company's absorption costing net operating income foss) for the second quarter? c. Reconcile the variable costing and absorption costing net operating incomes for the second quarter References Complete this question by entering your answers in the tabs below. Reg 1A Reg 10 Req1c RegJA Reg 38 Reg 3C Compute the unit product cost under absorption costing. (Round your answer to 2 decimal places.) Un productos 5 8.00 Reg 1 > Chapter 8 Class Anment 3 TAL Direct labor Varenufacturing overhead Variable selling and administrative $5.B 51.60 $ 6,40 point Required: 1. Complete the following: a. Compute the unit product cost under absorption costing b. What is the company's absorption costing net operating income foss) for the quarter? c. Reconcile the variable and absorption costing net operating income (loss) figures 3. During the second quarter of operations, the company again produced 31.200 units but sold 34,200 units. Assume no change in total fixed costs) a. What is the company's variable costing net operating Income oss) for the second quarter? b. What is the company's absorption costing net operating income foss) for the second quarter? c Reconcile the variable costing and absorption costing net operating incomes for the second quarter ook Print Complete this question by entering your answers in the tabs below. References Raq 1A Reg 18 N Rollc Reg 3 Reg38 Reg 20 What is the company's absorption costing net operating income (los) for the quarter? (Round your intermediate calculations to 2 decimal places.) Tami's Creations, Incorporated Absorption Costing Income Statement Total 0 Net operating income foss) Chapter 6 Ciness Assignment 3 point urecem Direct labor l Variable sanufacturing overhead $ 1.60 Variable selling and dinistrative $ 6.40 Required: 1 Complete the following: a. Compute the unit product cost under absorption costing, b. What is the company's absorption costing net operating Income foss) for the quarter? c Reconcile the variable and absorption costing net operating income (loss) figures 3. During the second quarter of operations, the company again produced 31,200 units but sold 34,200 units. (Assume no change in total fixed costs.) a. What is the company's variable costing net operating income foss) for the second quarter? b. What is the company's absorption costing net operating income foss) for the second quarter? c. Reconcile the variable costing and absorption costing net operating incomes for the second quarter ook Print Complete this question by entering your answers in the tabs below. Deferences Reg 1A Reg 18 Regic Req 3A Reg 38 Reg 30 Reconcile the variable and absorption costing net operating Income Close) figures. (oses and deductions should be entered as a negative.) Reconciliation of Variable Costing and Absorption Costing Net Operating Incomes Variable costing net operating income foss) Absorption costing net operating income 005) 3 Complete this question by entering your answers in the tabs below. Req LA Reg 16 RIC ReqJA Red 38 25 point Reg 30 During the second quarter of operations, the company again produced 31,200 units but sold 34,200 units. What is the company variable conting net operating income (loss) for the second quarter? Tami's Crwions, Incorporated Variate Costing Income Statement eloos Pont References 0 Net operating income do 3 Vacang overness Variable selling and administrative > $6.48 25 points Required: 1. Complete the following: a Compute the unit product cost under absorption costing. b. What is the company's absorption costing net operating income (loss) for the quarter? c. Reconcile the variable and absorption costing net operating income (loss) figures 3. During the second quarter of operations, the company again produced 31,200 units but sold 34,200 units. (Assume no change in total fixed costs) a. What is the company's variable costing net operating income (oss) for the second quarter? b. What is the company's absorption costing net operating income (loss) for the second quarter? c. Reconcile the variable costing and absorption costing net operating incomes for the second quarter Print Complete this question by entering your answers in the tabs below. References Reg 1A Reg 18 Req 1C Reg 3A Reg 30 Regac During the second quarter of operations, the company again produced 31.200 units but sold 34,200 units. What is the company's absorption costing net operating income (los) for the second quarter (Round your intermediate calculations to 2 decimal places.) Tami's Creations, Incorporated Absorption Costing Income Statement Total 0 Net operating income foss) 3 Tang overnen Variable selling and administrative $ 6.40 25 Required: 1. Complete the following a. Compute the unit product cost under absorption costing b. What is the company's absorption costing net operating income foss) for the quarter? Reconcile the variable and absorption costing net operating income (loss) figures. 3. During the second quarter of operations, the company again produced 31,200 units but sold 34,200 units. (Assume no change in total fixed costs) a. What is the company's variable costing net operating income foss) for the second quarter? D. What is the company's absorption costing net operating income (loss) for the second quarter? c. Reconcile the variable costing and absorption costing net operating incomes for the second quarter. Print Complete this question by entering your answers in the tabs below. ferences Reg 1 Re 16 Raq 1C Req A Reg 30 Req3c During the second quarter of operations, the company again produced 31,200 unito but sold 34,200 units. What is the company absorption costing net operating Income (lon) for the second quarter Round your intermediate calculations to 2 decimal places.) Tami's Creations, Incorporated Absorption Costing Income statement Total 0 7 Net Operating income Los) Tami Tyler opened Tami's Creations, Incorporated, a small manufacturing company at the beginning of the year. Getting the company through its first quarter of operations placed a considerable strain on Ms. Tyler's personal finances. The following income statement for the first quarter was prepared by a friend who has just completed a course in managerial accounting at State University Toni's Creations, Incorporated Income Statement For the Quarter Ended March 31 Sales (28,200 units) $ 1,128,000 Variable expenses Variable cost of goods sold $ 408,90 Variable selling and administrative 180,480 5893 Contribution margin 538,620 Fixed expensest Fixed manufacturing overhead 249,60 Fixed selling and administrative 302 220 SS2 Net operating loss SX 12.000) Ms. Tyler is discouraged over the loss shown for the quarter particularly because she had planned to use the statement as support for a bank loan. Another friend, a CPA, insists that the company should be using absorption costing rather than variable costing and argues that if absorption costing had been used the company probably would have reported at least some profit for the quarter At this point, Ms. Tyler is manufacturing only one product-a swimsuit Production and cost data relating to the swimsuit for the first quarter follow . nces 32.200 25,200 units produced Units sold Variable costs per unit: Direct naterials direct labore Variable manufacturing overhead Variable selling and administrative 17.10 5 3. 5.1.1 S.de Required: 1 Complete the following: e Compute the unit product cost under absorption costing b. What is the company's absorption costing net operating income oss for the quarter? Recondle the variable and absorption costing net operating income doss) figures 3. During the second quarter of operations, the company aguin produced 31.200 units but soia 34 200 unts. Assume no change in total fixed costs a. What is the company's variable costing net operating income oss for the second cuter? b. What is the company's absorption costing net operating income oss for the second quarter Rennes the variante cine and Anton et nennerating inomene the crand inte