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Autumn, Inc. has collected the following data for November (there are no beginning inventories): (Click the icon to view the data.) Read the requirements.
Autumn, Inc. has collected the following data for November (there are no beginning inventories): (Click the icon to view the data.) Read the requirements. Requirement 1. Using absorption costing, calculate the unit product cost. (Round your final answer to the nearest cent.) Absorption costing Unit product cost Requirement 2. Prepare an income statement using the traditional format. Autumn, Inc. Income Statement (Absorption Costing) For the Month Ended November 30 Operating Income Data table - Units produced and sold 450 units Sales price $400 per unit Direct materials 48 per unit Direct labor 76 per unit Variable manufacturing overhead 10 per unit Fixed manufacturing overhead Variable selling and administrative costs 7,875 per month Fixed selling and administrative costs 60 per unit 4,525 per month Print Done
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