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Asian Windows manufactures a hand-painted bamboo window shade for standard-size windows. Production and sales data for 2020 are as follows: Variable manufacturing costs 541 per
Asian Windows manufactures a hand-painted bamboo window shade for standard-size windows. Production and sales data for 2020 are as follows: Variable manufacturing costs 541 per shade Fixed manufacturing costs $121,380 Variable selling and administrative expenses $9 per shade Fixed selling and administrative expenses $250,000 Selling price $98 per shade Units produced 11,900 shades Units sold 8,820 shades (a) Assume the company uses normal costing and uses the budgeted volume of 10,200 units to allocate the foved overhead rate rather than the actual production volume of 11,900 units. The company expenses production volume variance to cost of goods sold in the accounting period in which it occurs. Do the following: 1. Calculate the manufacturing cost per unit. (Round answer to 2 decimal places, e.g. 15.25.) Manufacturing cost 41 per unit 2. Prepare a normal-costing income statement for 2020. (Round per unit calculations to 2 decimal places, e.g. 15.25 and final answers to decimal places.) ASIAN WINDOWS Income Statement-Normal Costing 2. Prepare a normal-costing income statement for 2020. (Round per unit calculatic ASIAN WINDOWS Income Statement-Normal Costing $
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