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Autumn, Inc. has collected the following data for November (there are no beginning inventories): EB (Click the icon to view the data.) Read the requirements
Autumn, Inc. has collected the following data for November (there are no beginning inventories): EB (Click the icon to view the data.) Read the requirements Requirement 1. Using variable costing, calculate the unit product cost. (Round your final answer to the nearest cent.) Variable costing Data Table Unit product cost Requirement 2. Prepare an income statement using the contribution margin format. Units produced and sold 750 units Autumn, Inc. Sales price 225 per unit Income Statement (Variable Costing) Direct materials 42 per unit For the Month Ended November 30 64 per unit Direct labor 12 per unit Variable manufacturing overhead Fixed manufacturing overhead 13,875 per month Variable selling and administrative costs 50 per unit Fixed selling and administrative costs 5,000 per month PrintDone Operating Income
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