Bracey Company manufactures and is one product. The following information pertains to the company's first year of operations Vasile cetti 1 75 Tuotery Direct labor Fredacturing over delling and administrative 5329.000 5368.50 62,000 The company does not incur any variable manufacturing overhead costs of variable selling and administrative expenses. During its first Year of operations, lacey produced 23,500 units and sold 21900 units. The selling price of the company's product is $61 per unit Required: 1. Assume the company uses super variable costing a. Comote the unit product cost for the year Prepare an income statement for the year 2. Assume the company uses a variable costing system that assigns $14.00 of direct labor cost to each unit produced: Compute the unit product cost for the year Prepare an income statement for the year 3. Assume the company was an absorption costing system that assigns $14.00 or direct labor cost and $15.70 of fixed manufacturing cost produced a. Compute the unit product cost for the year. Prepare an income statement for the year 4. Reconcile the difference between the super variable costing and variable costing not operating incomes 4 Roconto the difference between the super-variable costing and absorption costing net operating incomes Cumulate this question by entering your answers in the tabs below Prepare an income statement for the year 4 Reconcile the difference between the super variable costing and variable costing net operating incomes ab. Reconcile the difference between the super-variable costing and absorption costing net operating incomes Complete this question by entering your answers in the tabs below. Real G2A Reg 20 Req3A Reg 4 Red Reg Cumipute the unit pinduct cott for the you. Assume the company uses super-variable conting Reg 0 > Prepare an income statement for the year. Assume the company uses super-variable costing. Bracey Company Super-Variable Costing Income Statement Fixed expenses 4 b. Prepare an income statement or the year 4a. Reconcile the difference between the super-variable costing and variable costing net operating incomes 46. Reconcile the difference between the super-variable costing and absorption costing net operating incomes Complete this question by entering your answers in the tabs below. Reg 40 ReG TA Reg 18 Reg 4 Reg 2A Reg 28 Reg 38 Reg 3A Compute the unit product cost for the year. Assume the company uses a variable costing system that assigns $14.00 of direct tabor cost to each unit produced. (Round your answer to 2 decimal places.) Complete this question by entering your answers in the tabs below. Reg 1A Reg 18 Reg 2A Reg 28 Req 3A Reg 38 Reg 4A Reg 48 Prepare an income statement for the year. Assume the company uses a variable costing system that assigns $14.00 of archa labor cost to each unit produced. (Round your intermediate calculations to 2 decimal places.) Bracay Company Variable Costing Income Statement Fixed expenses 4a. Reconcile the difference between the super-variable costing and variable costing het operating con 4b. Reconcile the difference between the super variable costing and absorption costing net operating incomes. Complete this question by entering your answers in the tabs below. Reg 15 Reg 2 Reg LA Reg 28 Reg 3A Reg 30 Reg 4 Reg 4 Compute the unit product cost for the year. Assume the company uses an absorption costing system that assigns $14.00 of direct labor cost and $15.70 of fixed manufacturing overhead cost to each unit produced. (Round your answer to 2 decimal places) overhead cost to each unit produced Compute the unit product cost for the year. b. Prepare on income statement for the year 4. Reconcile the difference between the super-variable costing and variable costing net operating incomes 4. Reconcile the difference between the super variable costing and absorption costing net operating incomes Complete this question by entering your answers in the tabs below. RIA Rad 10 Reg 2 Rea 28 RA Reg 35 Reg 4 Reg 40 Recandle the difference between the super-variable costing and variable costing net operating incomes Bowie Deing incomodos) asing terting room
