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Alpha Ltd. produces projectors for home theatre systems that retail at $1,200 per projector. For 2017 , they produced 10,000 projectors but sold only 8,960

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Alpha Ltd. produces projectors for home theatre systems that retail at $1,200 per projector. For 2017 , they produced 10,000 projectors but sold only 8,960 projectors. There was no inventory on hand at January 1, 2017. Actual 2017 costs are: Required: 1. Prepare a variable costing income statement for 2017 using the contribution approach. 2. Calculate 2017 operating income under absorption costing. 3. Reconcile the variable costing and absorption costing operating income figures and explain why they are different under the two methods. 4. Compute the company's break-even point in units for 2017. 5. Assume that plant capacity is 11,000 projectors and in 2018 they plan to produce 10,000 projectors. Say that in July 2018 they receive a special order to make 2,000 projectors for a direct wholesaler and can avoid all variable selling costs and have no impact on fixed costs. What is the TOTAL order price for 2,000 units altogether that Alpha must quote in order to earn $50 per projector on the special order

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