Assume the following information for a company that produced and sold 10,000 units during its first year of operations: Per Unit Per Year Selling price $ 200 Direct materials $ 74 Direct labor $ 50 Variable manufacturing overhead $ 12 Sales commission $ 8 Fixed manufacturing overhead $ 300, 000 Using absorption costing, what is the company's net operating income? Multiple Choice O $260,000 O $560,000 Assume the following information for a company that produced 10,000 units and sold 0.000 units during its first year of operations: Per Unit Per Year Selling price $ 200 Direct materials $ 75 Direct labor $ 50 Variable manufacturing overhead 3; 8 Sales commission $ 8 Fixed manufacturing overhead $ 300,000 Using variable costing, what is the cost of the company's ending inventory? Multiple Choice 0 $133,000 0 $163,000 Lindon Company is the exclusive distributor for an automotive product that sells for $36.00 per unit and has a CM ratio of 30%. The company's fixed expenses are $210,600 per year. The company plans to sell 22,300 units this year. Required: 1. What are the variable expenses per unit? (Round your "per unit" answer to 2 decimal places.) 2. What is the break-even point in unit sales and in dollar sales? 3. What amount of unit sales and dollar sales is required to attain a target profit of $102,600 per year? 4. Assume that by using a more efficient shipper, the company is able to reduce its variable expenses by $3.60 per unit. What is the company's new break-even point in unit sales and in dollar sales? What dollar sales is required to attain a target profit of $102,600? 6 Answer is complete but not entirely correct. 1. Variable expense per unit :5 25.20 a 2. Break-even point in units 19.500 0 2. Break-even point in dollar sales $ 702.000 0 3. Unit sales needed to attain target profit 29.000 0 3. Dollar sales needed to attain target prot $ 1.044000 0 4. New break-even point in unit sales 14.625 9 4. New break-even point in dollar sales $ 526.500 0 4. Dollar sales needed to attain target prot $ 1.044000 0 Lynch Company manufactures and sells a single product. The following costs were incurred during the company's first year of operations: Variable costs per unit: Manufacturing: Direct materials $ 1 Direct labor $ Variable manufacturing overhead $ Variable selling and administrative $ Fixed costs per year: Fixed manufacturing overhead $ 374,968 Fixed selling and administrative $ 284,006 MMbG) During the year. the company produced 34,000 units and sold 226,000 units. The selling price ofthe company's product is $44 per unit. Required: 1. Assume that the company uses absorption costing: a. Compute the unit product cost. b. Prepare an income statement for the year. 2. Assume that the company uses variable costing: a. Compute the unit product cost. b. Prepare an income statement for the year. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 2A Req 2B Required: 1. Assume that the company uses absorption costing: a. Compute the unit product cost. b. Prepare an income statement for the year. 2. Assume that the company uses variable costing: a. Compute the unit product cost. b. Prepare an income statement for the year. Complete this question by entering your answers in the tabs below. Req 1A Req lB Req 2A Req ZB Compute the unit product cost. Assume that the company uses absorption costing. : Required: 1. Assume that the company uses absorption costing: a. Compute the unit product cost. b. Prepare an income statement for the year. 2. Assume that the company uses variable costing: a. Compute the unit product cost. b. Prepare an income statement for the year. Complete this question by entering your answers in the tabs below. Req 1A Req lB Req 2A Req ZB Prepare an income statement for the year. Assume that the company uses absorption costing. Required: 1. Assume that the company uses absorption costing: 6. Compute the unit product cost. b. Prepare an income statement for the year. 2. Assume that the company uses variable costing: a. Compute the unit product cost. b. Prepare an income statement for the year. Complete this question by entering your answers in the tabs below. Req 1A Req lB Req 2A Req ZB Compute the unit product cost. Assume that the company uses variable costing. Unit product cost I I Req 1A Req 1B Req 2A Req 2B Prepare an income statement for the year. Assume that the company uses variable costing. Lynch Company Variable Costing Income Statement 0 0 0 $ 0Assume the following (1) selling price per unit = $30, (2) variable expense per unit = $18. and (3) total fixed expenses = $34800 Given these three assumptions, the unit sales needed to achieve a target profit of $6.900 is: Multiple Choice 3,475 units, 10,375 units. 52,075 units, 0000 41,700 units