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Can anyone help me solve this? I finished all the other problems but I am stuck on this. Cant wait for this accounting class to

Can anyone help me solve this?

I finished all the other problems but I am stuck on this.

Cant wait for this accounting class to be over haha,

thanks,

Variable-Costing Income Statement

During the most recent year, Osterman Company had the following data:

Units in beginning inventory
Units produced 10,000
Units sold ($47 per unit) 9,300
Variable costs per unit:
Direct materials $9
Direct labor $6
Variable overhead $4
Fixed costs:
Fixed overhead per unit produced $5
Fixed selling and administrative $138,000

Required:

1. Calculate the cost of goods sold under variable costing.

$

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2. Prepare an income statement using variable costing. Enter amounts as positive numbers.

Osterman Company
Income Statement under Variable Costing
For the Most Recent Year
Sales $
Less: Variable cost of goods sold
Gross margin $
Less fixed expenses:
Less: Cost of goods sold $
$

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