Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Callatis County Water Inc. and also.mobingine. The mbesaran an luynd operated only curing the Hitmonth. The low- carbon the mall - 1. Salonun Product names
Callatis County Water Inc. and also.mobingine. The mbesaran an luynd operated only curing the Hitmonth. The low- carbon the mall - 1. Salonun Product names 4,150 ke: Dirst materials $1,21 Director 522.000 variable factory warned 87.000 Five Poster wed 130,500 1,957,500 Saldusparta Variable sel np and administrative $60.000 Freccelling and adminstrate expenses 25.000 B3,000 4. Per les ording to the combine w Gallatin County Notors Inc. Absorption Coating Inumu Statuen For the Month Ended July 21 Sales Cart of goods and Gross profit Selling and administrative up Operating income 55 Checy leder a option costing the most of goals mirarture Indudes direct materins, direct lsher, and to hand och Parther and wash tartoy cast In part tartary orted. b. Prepare an income state et according to the variable casting concept. Gallatin County Motors Inc. Variable Costing Income Statement For the Month Ended July 31 Sulus Variable cost of goods wold 1,740,241 X Manufacturing margin : 1.740 X Variable selling and administrative expenses FC Contribution margin locat Fredactory overhand CORA $ 130. Fhed selling and distrative ex 23 ye Totalfixed costs 165.900 Operating income
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started