AT HelpSave & Son Check my won 1 10 . Lynch Company manufactures and sells a single product. The following costs were incurred during the company's first year of operations Variable content Manufacturing Directorio Variable rectutacturing www Variable selline anstrats Fixed costs per year Faxed manufacturing were Fix an instrutive During the year, the company produced 25.000 units and sold 20,000 unitThe selling price of the company.moduct de $50 per unit Required 1 Assume that the company uses absorption costing a Compute the unit product cost b. Prepare an income talent for the year 2. Assume that the company uses variable conting a. Comote the produci cost Prepare an income statement for the year 00 P Rules Complete this question by entering your answers in the tabs below. R14 Hin 24 Re0 Compute the unit product cost. Assume that the company absorption con 30 Neg 10 > REY 1016 Next > ME HIBI Graw Sad Hele Sveti 1 Check Direct labor Variable caufacturing overhead 1 Variable selling and dinistrative Fixed costs per year Fixed manufacturing overhead 100.000 Fixed selling and adeinistrativ I 100.000 During the year the company produced 25.000 units and sold 20000 units. The selling price of the company's product is 350 per unit Required: 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. Reference Pe 11 Reg 10 ZA log 26 Prepare an income statement for the year. Assume that the company uses absorption costing Lynch Company Absorption Casting Income Statement indirect materials Indirect labor Contribution margin Fixed manufacturing overhead Net operating income 3 0 Reg 1A Reg 2A > Chuck my wer 1 10 Dot Lynch Company manufactures and sets a single product. The following costs were incurred during the company's first year of operations Variable costs per unit: Manufacturing Direct materials Director varile manufacturing overhead Variable selling and adsinistrative 5.4 Fixed costs per year Fixed snufacturing overhead 3.300.000 Fixed selling and administrative $190.000 During the year, the company produced 25.000 units and sold 20.000 unts. The selling price of the company's product is $50 per unt Print 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 b. Prepare an income statement for the a. Compute the unit product costo Complete this question by entering your answers in the tabs below. Reg 1 Rogo Real Compute the unit product cost. Assume that the company uses variable costing Un no lo TB REY 1016 Next > ME HIBI Graw Sad Hele Sveti 1 Check Direct labor Variable caufacturing overhead 1 Variable selling and dinistrative Fixed costs per year Fixed manufacturing overhead 100.000 Fixed selling and adeinistrativ I 100.000 During the year the company produced 25.000 units and sold 20000 units. The selling price of the company's product is 350 per unit Required: 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. Reference Pe 11 Reg 10 ZA log 26 Prepare an income statement for the year. Assume that the company uses absorption costing Lynch Company Absorption Casting Income Statement indirect materials Indirect labor Contribution margin Fixed manufacturing overhead Net operating income 3 0 Reg 1A Reg 2A > Chuck my wer 1 10 Dot Lynch Company manufactures and sets a single product. The following costs were incurred during the company's first year of operations Variable costs per unit: Manufacturing Direct materials Director varile manufacturing overhead Variable selling and adsinistrative 5.4 Fixed costs per year Fixed snufacturing overhead 3.300.000 Fixed selling and administrative $190.000 During the year, the company produced 25.000 units and sold 20.000 unts. The selling price of the company's product is $50 per unt Print 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 b. Prepare an income statement for the a. Compute the unit product costo Complete this question by entering your answers in the tabs below. Reg 1 Rogo Real Compute the unit product cost. Assume that the company uses variable costing Un no lo TB
