Dance Creations manufactures authentic Hawalian hula skirts that are purchased for traditional Hawalian celebrations, costume parties, and other functions. During its first year of business, the company incurred the following costs: Dance Creations charges $34 for each skirt that it sells, During the first month of operation, it made 1,850 skirts and sold 1,700 . Required: 1. Assuming Dance Creations uses variable costing, calculate the variable manufacturing cost per unit for last month. 2. Complete a contribution margin income statement for the last month. 3. Assuming Dance Creations uses full absorption costing, calculate the full manufacturing cost per unit for the last month. 4. Complete a full absorption costing income statement. 6. Suppose next month Dance Creations expects to produce 1,850 hula skirts and sell 1,950. Without recreating the new income statements, calculate the difference in profit between varlable costing and full absorption costing. Which would be higher? Complete this question by entering your answers in the tabs below. Required: 1. Assuming Dance Creations uses variable costing, calculate the variable manufacturing cos 2. Complete a contribution margin income statement for the last month. 3. Assuming Dance Creations uses full absorption costing, calculate the full manufacturing co 4. Complete a full absorption costing income statement. 6. Suppose next month Dance Creations expects to produce 1,850 hula skirts and sell 1,950. statements, calculate the difference in profit between variable costing and full absorption cos Complete this question by entering your answers in the tabs below. Assuming Dance Creations uses variable costing, calculate the variable manufacturing cost per uni Note: Round your answer to 2 decimal places. Complete a contribution margin income statement for the last month. Required: 1. Assuming Dance Creations uses variable costing, calculate the variable manufacturing cost pe 2. Complete a contribution margin income statement for the last month. 3. Assuming Dance Creations uses full absorption costing, calculate the full manufacturing cost p 4. Complete a full absorption costing income statement. 6. Suppose next month Dance Creajions expects to produce 1,850 hula skirts and sell 1,950. With statements, calculate the differenceth profit between variable costing and full absorption costing Complete this question by entering your answers in the tabs below. Assuming Dance Creations uses full absorption costing, calculate the full manufacturing cost per unit f Note: Round your intermediate calculations and final answer to 2 decimal places. Complete this question by entering your answers in the tabs below. Complete a full absorption costing income statement. Note: Round your intermediate calculations to 2 decimal places. Round your final answer to n 6. Suppose next month Dance Creations expects to produce 1,850 hula skirts and sell 1,950 . Without recr statements, calculate the difference in profit between variable costing and full absorption costing. Which Complete this question by entering your answers in the tabs below. Suppose next month Dance Creations expects to produce 1,850 hula skirts and sell 1,950 . Without recreating statements, calculate the difference in profit between variable costing and full absorption costing. Which would Note: Round your final answer to nearest whole dollar
