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Dion Company reports the absorption costing Income statement below for May. The company began the month with no finlshed goods Inventory. Dion produced 22,600 unlts,
Dion Company reports the absorption costing Income statement below for May. The company began the month with no finlshed goods Inventory. Dion produced 22,600 unlts, and 3,300 units remaln In ending finlshed goods Inventory for May. Flxed overhead was $56,500. Varlable selling and administration expenses were $43,000 and fixed selling and administratlve expenses were $23,500. Prepare an Income statement using varlable costing
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