answer for question 18

.Administrative expenses (fixed) 144,000 . Units produced 150,000 . Units sold (at 518 each) 120,000 There were no beginning inventories. Assume direct materials and direct labor are income statements-a variable costing income statement and an absorption costing income (20 points) Dancing Diva produced 115,000 units this year and sold 110,000 units. The following costs were incurred . Direct materials $517,500 . Direct labor $1,840,000 . Variable overhead $805,000 Fixed overhead $400,000 Sales Commissions $550,000 . . . Fixed Selling Expenses $80,000 . Fixed Administrative Expenses $300,000 . Ending inventory $5,000 Each unit sells for $40 each. Calculate the production cost per unit under the marginal and absorption costing method and prepare a Contribution Margin Income Statement for the year ended December 31 (20 points)