ct.mheducatio... Q* Help Save & Exl Check Problem 6-22 (Algo) Variable Costing Income Statements; Income Reconciliation [LO6-1, 2, LO6-3] Denton Company manufactures and sells a single product. Cost data for the product are given: 04:31:48 Variable costs per unit: Direct materials Direct labor kipped Variable manufacturing overhead Variable selling and administrative Book Total variable cost per unit $4 22 Fixed costs per month: Fixed manufacturing overhead Fixed selling and administrative 45,000 172,000 Print erences $217,000 Total fixed cost per month The product sells for $48 per unit. Production and sales data for July and August, the first two months of operations follow: Units Sold 11,000 Units Produced 15,000 July 3 of 4 Next >

6A-5 (Algo) Super-Variable Costing, Variable Costing, and Absorption Costing Inco Statements (L06-2, LO6-6] Bracey Company manufactures and sells one product. The following information pertains to the company's first year of operations: 13:30:20 Book $ 26 Variable cost per unit: Direct materials Fixed costs per year: Direct labor Fixed manufacturing overhead Fixed selling and administrative expenses $329,000 $368,950 $ 62,000 rences The company does not incur any variable manufacturing overhead costs or variable selling and administrative expenses During its first year of operations, Bracey produced 23,500 units and sold 21,900 units. The selling price of the company's product is $61 per unit Required: 1. Assume the company uses super-variable costing, a Compute the unit product cost for the year b. Prepare an income statement for the year ig incomes Ling and absorption costing net operating incomes Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 2A Req 2B Req 3A Req 3B Req 4A Req 48 Prepare an income statement for the year. Assume the company uses an absorption costing system that assigns $14.00 of direct labor cost and $15.70 of fixed manufacturing overhead cost to each unit produced. (Round your intermediate calculations to 2 decimal places.) Bracey Company Absorption Costing Income Statement costing and variable costing net operating incomes Herence between the super-variable costing and absorption costing net operating income Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Req 2A Req 2B Req 3A Req 38 Reg 4 Req 48 Reconcile the difference between the super-variable costing and absorption costing net operating incomes. Super-variable costing net operating income (10ss) Absorption costing net operating income (105)