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Bonita Corp. is a manufacturer of specialty in-line skates. The operating results for 2022 are as follows: Units produced 19.100 pairs Units sold 17,500 pairs
Bonita Corp. is a manufacturer of specialty in-line skates. The operating results for 2022 are as follows: Units produced 19.100 pairs Units sold 17,500 pairs Selling price $215.00 per pair Production information: Direct materials $974,100 Direct labour 678,050 Variable manufacturing overhead 420,200 Fixed manufacturing overhead 783,100 Variable marketing costs 175,000 Fixed marketing costs 201,200 There was no beginning finished goods inventory. Prepare an absorption-costing income statement (Round per unit calculations to 2 decimal places, eg. 15.25 and final answers to O decimal places, e g. 125.) BONITACorp. Income Statement Absorption Costing Production in Units Sales in units
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