Audiophonics Limited manufactures and sells high-quality and durable ear buds for use with personal electronics that are custom moulded to each customers ear. Cost data for the product follow Variable costs per unit: Direct materials Direct labour Variable factory overhead Variable selling and administrative S 12 Total variable costs per unit $ 44 Fixed costs per month Fixed manufacturing overhead Fixed selling and administrative $145,600 127,400 Total fixed cost per month $273,000 The product sells for $60 per unit. Production and sales data for May and June, the first two months of operations, are as follows: Units Produced Sold 18,200 14,600 18,200 21,800 Units May June Income statements prepared by the Accounting Department using absorption costing are presented back! 0 It looks like you haven't started Firefox in a while. Do you want to clean it up for a fresh, like-new experience? And by the way Type here to search