ch 11

The company produced 2,000 units and sold 1,500 of them at $181.40 per unit. Assume that the production manager is baid a 1 percent bonus based on the company's net income. Required . Prepare an income statement using absorption costing. . Prepare an income statement using variable costing. c. Determine the manager's bonus using each approach. Which approach would you recommend for internal reporting? Complete this question by entering your answers in the tabs below. Prepare an income statement using absorption costing