Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Cost 313210 Homework 2020 2021 Second Ser (3) (Protected View) Microsoft Excel Formulas Data Review View an internet location and might be unsafe. Click for

image text in transcribed
image text in transcribed
Cost 313210 Homework 2020 2021 Second Ser (3) (Protected View) Microsoft Excel Formulas Data Review View an internet location and might be unsafe. Click for more details Enable Editing D 5 B 1 XYZ Company, reports the following Total costs at two levels of production 2 Beginning Inventory = 0 Units 3 Ending Inventory = 0 Units 4 Selling Price Per Unit $90 1000 Units 2000 Units 6 7 Cost Type Costs: 8 Manufacturing Cost Direct Materials 20000 40000 9 Period Cost Maintenance 8000 10000 10 Manufacturing Cost Direct Labor 17000 34000 11 Manufacturing Cost Indirect Material 1000 2000 12 Manufacturing Cost Depreciation 4000 4000 13 Period Cost Utilities 3000 5000 14 Period Cost Rent 6000 6000 15 16 Required: 17 Cost 312210 w 2000 2001 Second Son Protest View Microneel mwanadores B D 11 Manufacturing Cost Indirect Material 1000 2000 12 Manufacturing Cost Depreciation 4000 4000 13 Period Cost Utilities 3000 5000 14 Period Cost Rent 6000 6000 15 16 Required: 17 18 Prepare Absorption Income Statement for Production level of 4000 Units, Given that Beginning Inventory = 0 Units and Ending Inventory = 500 Units 19 Answer 20 Title Total 21 Sales Revenue 22 23 Cost of Goods Sold 24 25 Gross Profit (Loss) 26 27 Selling And Aministrative Expenses 28 29 Net Operating Income 30 31 32 33 3.4 Activate Windows 35 Isom For Secrid Question Points O 11:45 PM P OING

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions