CHAPTER 3 eBook Show Me How 1. CC.ABS_VS_VAR_COST_INV 2. CC.ABS_VS_VAR_COST_I... 3. CC.BASICS_OF_COST_BE... 4. CC.SEMI_VAR_COST_BEH.. 5. CC.MIXED_COSTS_INTO_ 6. TMM.03.04 7. TMM.03.02 Variable-Costing Income Statement During the most recent year, Osterman Company had the following data: Units in beginning inventory Units produced Units sold ($47 per unit) Variable costs per unit: Direct materials Direct labor Variable overhead Fixed costs: 10,000 9,300 $9 $6 $4 8. TMM.03.01 9. MC.03.01 10. MC.03.02 11. MC.03.03 12. MC.03.04 13. MC.03.08 14. MC.03.13 15. MC.03.14 16. BE.03.16A 17. BE.03.21A 18. BE.03.23A 19. BE.03.24A Fixed overhead per unit produced Fixed selling and administrative $5 $138,000 Required: 1. Calculate the cost of goods sold under variable costing. 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 Progress: 19/25 items Check My Work Assignment Score: 68.96% Save and Exit All work saved. Previous Next CO Submit Assignment for Grading