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Denton Company manufactures and sells a single product. Cost data for the product are given: Variable costs per unit: Direct materials Direct labor Variable manufacturing
Denton Company manufactures and sells a single product. Cost data for the product are given: Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Total variable cost per unit Fixed costs per month: Fixed manufacturing overhead Fixed selling and administrative Total fixed cost per month $ 17 $ 105, eee 172,000 $ 277,000 The product sells for $55 per unit. Production and sales data for July and August, the first two months of operations, follow: July August Units Produced 21,eee 21, eee Units Sold 17,000 25, eee The company's Accounting Department has prepared the following absorption costing income statements for July and August: search o BLO9 42% G B 10/4/2019 gea HomeWUIKUU Denton Company Variable Costing Income Statement July August 0 0 0 0 Net operating income (loss) Prev 1 of 1 i! Next to search O i L O
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