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Aol. Aol . T S O PF Q Q CB F G X + X - C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fdcccd.blackboard.com%252FW... FA Paused . . . Chapter 7: Homework i Saved Help Save & Exit Submit 90 Check my work Complete this question by entering your answers in the tabs below. 3.33 points Req 1A Req 1B Req 2A Req 2B Req 3 Reconcile the difference between variable costing and absorption costing net operating income in Year 1. (Enter any losses or eBook deductions as a negative value. Round your intermediate calculations to 2 decimal places. Hint Year 1 Year 2 Print Variable costing net operating income (loss) References Absorption costing net operating income (loss) Mc Graw Hill e 11:01 AM 11/8/2021Aol. Aol . T S O PF Q Q CB F G X + X - C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fdcccd.blackboard.com%252Fw... FA Paused . . . Chapter 7: Homework i Saved Help Save & Exit Submit 90 Check my work Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 2A Req 2B Req 3 3.33 points Assume the company uses absorption costing. Prepare an income statement for Year 1 and Year 2. (Round your intermediate calculations to 2 decimal places. eBook Walsh Company Hint Income Statement Print Year 1 Year 2 References Net operating income (loss) $ o $ 0 Mc Graw Hill e CA 11:02 AM 11/8/2021Aol. Aol . T S O PF Q Q CB F G X + X - C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fdcccd.blackboard.com%252Fw... FA Paused . . . Chapter 7: Homework i Saved Help Save & Exit Submit 90 Check my work Complete this question by entering your answers in the tabs below. 3.33 points Req 1A Req 1B Req 2A Req 2B Req 3 Assume the company uses absorption costing. Compute the unit product cost for Year 1 and Year 2. (Round your intermediate eBook calculations and final answers to 2 decimal places.) Hint Year 1 Year 2 Print Unit product cost i... References Mc Graw Hill e 11:02 AM 11/8/2021Aol. Aol . T S O PF Q Q CB F G X + X - C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fdcccd.blackboard.com%252Fw... FA Paused . . . Chapter 7: Homework i Saved Help Save & Exit Submit 90 Check my work Walsh Company Income Statement Year 1 Year 2 3.33 Sales 2.400.000 points eBook Hint Print 0 0 References 0 0 0 Net operating income (loss) $ 0 $ 0 Mc Graw Hill e CA 11:03 AM 11/8/2021Aol. Aol . T S O PF Q Q CB F G X + X - C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fdcccd.blackboard.com%252FW... FA Paused . . . Chapter 7: Homework i Saved Help Save & Exit Submit 90 Check my work 3. Reconcile the difference between variable costing and absorption costing net operating income in Year 1. Complete this question by entering your answers in the tabs below. 3.33 points Req 1A Req 1B Req 2A Req 2B Req 3 eBook Assume the company uses variable costing. Compute the unit product cost for year 1 and year 2. Hint Year 1 Year 2 Print Unit product cost References Mc Graw Hill e 11:03 AM 11/8/2021mlelalwlelo-'llleltulezelelleleltaltaltaluw|eze|u|o||e|m|e|s|c> x + o - > Hill Aol. Aol . T S O PF Q Q CB F G X + X - C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fdcccd.blackboard.com%252FW... FA Paused . . . Chapter 7: Homework i Saved Help Save & Exit Submit 90 Check my work Exercise 7-9 Variable and Absorption Costing Unit Product Costs and Income Statements [LO7-1, LO7-2, LO7-3] 3.33 points Walsh Company manufactures and sells one product. The following information pertains to each of the company's first two years of operations: eBook Variable costs per unit: Hint Manufacturing : Direct materials AtA 22 Print Direct labor 13 Variable manufacturing overhead A tA w Ali References Variable selling and administrative Fixed costs per year: Fixed manufacturing overhead $320,000 Fixed selling and administrative expenses $ 90, 000 During its first year of operations, Walsh produced 50,000 units and sold 40,000 units. During its second year of operations, it produced 40,000 units and sold 50,000 units. The selling price of the company's product is $80 per unit. Required: 1. Assume the company uses variable costing: . It a tha . Mc Graw Hill e CA 11:04 AM 11/8/2021