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Data Table C B Units produced 24,000 2 Units sold 15,500 3 Selling price 430 4 Variable costs: 01 Manufacturing cost per unit produced: 6
Data Table C B Units produced 24,000 2 Units sold 15,500 3 Selling price 430 4 Variable costs: 01 Manufacturing cost per unit produced: 6 Direct materials 30 7 20 8 Direct manufacturing labor Manufacturing overhead Marketing cost per unit sold 68 9 48 10 Fixed costs: 11 Manufacturing costs $ 1,836,000 12 Administrative costs 910,500 13 Marketing costs 1,311,200 Print Done Requirement 2. Prepare a 2020 income statement for Vacuum Magic Company using absorption costing. Complete the top half of the income statement first, then complete the bottom portion. (For amounts with a $0 balance, make sure to enter "0" in the appropriate input field. Label any variances as favorable (F) or unfavorable (U).) Absorption Costing
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