30-2213 Assignments Ch 6 HW Ch 6 HW Due Tuesday by 11:59pm Points 11 Submitting an external tool Available after Feb 26 at 8am Acct 48 Spr 2021 11 am Homework: Ch 6 HW Score: 0 of 3 pts 5 of 5 (5 con E6-42A (similar to) The annual data that follows pertain to Joe's Pool Stuff, a manufacturer of swimming goggles (the company had no beginning inventory Cick the icon to view the data.) Read the requirements Requirement 1. Prepare both conventional (absorption costing) and contribution margin (variable costing) income statements for Joe's Pool Joo's Pool Stuff Income Statement (Absorption Costing) i Data Table For the Year Ended December 31 Sales revenue Sales price Less Cost of goods sold Variable manufacturing expense ho Sales commission expense per Less Operating expenses Fleed manufacturing overhead Fixed operating expenses... - Number of goggles produced Number of goggles sold.. Choose from any list or enter any number in the input fields and then click Check Answer 5 parts Print D remaining Previous O E g vailable after Feb 26 at Bam Andres Nune 50f 5 (5 completo HW Score: 60,22% 6.62 Question Help company had no beginning inventory conting) Income statements for Joe's Pool Stuff for the year Begin with the conventional (absorption conting income statement Data Table Requirements 40 5 5 16 Sales price Variable manufacturing expense per un Sabes commission expense per unit Fixed manufacturing overhead Fixed operating expenses. Number of goggles produced Number of goggles sold 1. Prepare both conventional absorption costing and contain (variable costing) income statements for Joe's Pool Stuff for the year 2. Which statement shows the higher rating income? Why? 3. The company marketing vice president beleves a new sales promotion that costs $150,000 ww increases to 220,000 goggles Should the company go ahead wie promotion Give you 10 5 1.900.000 $ 280.000 220,000 206,000 Print Done Pant Done Check Answer Ne MUI /22