5 sale price niret ateriat Direct labor Variable overhead 353 18 13 10 Dom Budgeted fixed overhead in 20x1, the company's first year of operations, was $280,000. Actual production was 140,000 tengailon containers, of which 126,000 were sold. Skinny Dippers Inc. incurred the following selling and administrative expenses Fixed Variable $140,000 for the year #por container sold Print Required: 1. Compute the product cost per container of frozen yogurt undor (a) variable costing and (b) absorption costing 2-a. Prepare an operating Income statement for 20x1 using absorption costing 2-b. Prepare an operating income statement for 20x1 using variable costing 3. Reconcile the operating Income reported under the two methods by listing the two key places where the income statements differ, 4. Reconcile the operating income reported under the two methods using the shortcut method Reference Complete this question by entering your answers in the tabs below. Reg 1 Reg 2A Reg 25 Req Reg Prepare an operating income statement for 20x1 using absorption costing SKINNY DIPPERS INC Absorption Costing Operating Income taiment For the Year Ended December 31, 20X1 $ 0 Seling and Administrative Expenses 5 0 Mc we 5 treet te Direct Tahor Ware blend 10 13 10 Budgeted foed overhead in 20x1, the company first year of operations, was $280,000. Actual production was 140,000 tengatlon containers, of which 126.000 were sold Skinny Dippers te incurred the following seling and administrative expenses PIN 0140,000 for the year per container wole im Required: 1. Compute the product cost per container of frozen yogurt under a variable costing and b) absorption costing, 2-a. Prepare an operating income statement for 20xt using absorption costing 2.b. Prepare an operating income statement for 20xt using variable costing 3. Reconcile the operating income reported under the two methods by fisting the two key places where the income statements differ 4. Reconcile the operating income reported under the two methods using the shortcut method Complete this question by entering your answers in the tabu below. Regt Nee Res20 ite Prepare an operating income statement for Box using variable couting KINNY OPPERS INC Variable Costing Operating income talent For the Year Ended December 11, 20X1 Views $ 0 Flunde 5 Salee price Detail et le Variable overhead $5) 10 3 10 Budgeted ved overhead in 20xt, the company's first year of operations, was $280,000. Actual production was 140,000 ten-gallon containers, of which 126,000 were sold Skinny Dippers Inc, incurred the following selling and administrative expenses co TEX variable $140,000 for the year 6 per controla per Required: 1. Compute the product cost per container of frozen yogurt under a variable costing and (b) absorption costing 2-a. Prepare an operating income statement for 20x using absorption costing 2-b. Prepare an operating income statement for 20xt using variable costing 3. Reconcile the operating income reported under the two methods by listing the two key places where the income statements differ, 4. Reconcile the operating Income reported under the two methods using the shortcut method Complete this question by entering your answers in the tabs below Reg Ree 2 Ree Reg4 Reconcile the operating income reported under the two methods by listing the two key places where the income statements differ Suo S TOWN 5 0 Difference in operating income 5 5 ... vansable costs 10 30 Dom e price Directorial Direct laber lehet 19 Budgeted fixed overhead in 20x1, the company's first year of operations, was $280.000. Actual production was 140.000 tengation containers, of which 126.000 were sold. Skinny Dippers Inc incurred the following selling and administrative expenses Fixed Variable 0740,000 for the year Required 1. Compute the product cost per container of frozen yogurt under (W) variable costing and b) absorption costing 2-a. Prepare an operating income statement for 20x using absorption costing 2-b. Prepare an operating income statement for 20x using variable costing 3. Reconcile the operating income reported under the two methods by listing the two key places where the income statements differ 4. Reconcile the operating income reported under the two methods using the shortcut method Complete this question by entering your answers in the tabs below R01 Reg 2A Re20 Hea Red econo le the operating income reported under the two methods in the shortcut method Predende overhead Derence in reported origine Change innoyin un (Reg