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Can you all show me how to compute each and every part of both Requirements, please? And can you all show me the step by
Can you all show me how to compute each and every part of both Requirements, please? And can you all show me the step by step work, so I can determine what you did to calculate each part of Requirements 1 and 2, please?
E9-23 (similar to), TV Plus Corporation manufactures and sells 50-inch television sets and uses standard costing. Actual data relating to January, February, and March 2017 are as follows: (Click to view the data.) The selling price per unit is 52,700. The budgeted level of production used to calculate the budgeted fixed manufacturing cost per unit is 1,500 units. There are no price, efficiency, or spending variances. Any production-volume variance is written off to cost of goods sold in the month in which it occurs. Read the requirements Data Table January February March 0 1,500 150 1,450 1,450 150 1,560 1,350 1,575 Unit data: Beginning inventory Production Sales Variable costs: Manufacturing cost per unit produced Operating (marketing) cost per unit sold Fixed costs: Manufacturing costs Operating (marketing) costs $ 700 $ 575 $ 700 $ 575 $ 700 575 $ CA 525,000 $ 525,000 $ 140,000 $ 140,000 $ 525,000 140,000 CA Requirements 1. Prepare income statements for TV Plus in January, February, and March 2017 under (a) variable costing and (b) absorption costing. 2. Explain the difference in operating income for January, February, and March under variable costing and absorption costing. Requirement 1. Prepare income statements for TV Plus in January, February, and March 2017 under (a) variable costing and (b) absorption costing (a). Prepare income statements for TV Plus in January, February, and March of 2017 under variable costing. Complete the top half of the income statement for each month first, then complete the bottom portion (Complete all answer boxes. Enter a "0" for any zero balance accounts.) Requirements 1. Prepare income statements for TV Plus in January, February, and March 2017 under (a) variable costing and (b) absorption costing. 2. Explain the difference in operating income for January, February, and March under variable costing and absorption costing. Requirement 1. Prepare income statements for TV Plus in January, February, and March 2017 under (a) variable costing and (b) absorption costing (a). Prepare income statements for TV Plus in January, February, and March of 2017 under variable costing. Complete the top half of the income statement for each month first, then complete the bottom portion (Complete all answer boxes. Enter a "0" for any zero balance accounts.) January 2017 February 2017 March 2017Step by Step Solution
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