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B & B corporation produced 6,000 units during 2016. These units sold for $300 each. The Company had 800 units in Finished Goods Inventory on

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B & B corporation produced 6,000 units during 2016. These units sold for $300 each. The Company had 800 units in "Finished Goods Inventory" on January 1, 2016 and 800 units in " Finished Goods Inventory" on December 31, 2016. The accounting records for 2016 the following information: Prepare a schedule of Cost of Goods Manufactured in good form for 2016 Prepare a schedule of Cost of Goods Sold in good form for 2016 Compute the cost of producing one unit in 2016 Prepare the Income Statement for external users in good form for 2016. The Income Tax rate is 40%. Classify the Product costs and the Period costs as Fixed or variable. Compute the total Fixed costs and the Unit Fixed cost for 2016 Compute the total variable costs and the Unit variable cost for 2016 Prepare the Contribution Margin Income Statement for 2016 Compute the BEP in units and in Sales dollars (round to the nearest dollar) use four decimals for the CMR

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