E21-19 (similar to) Question Help In May 2018 Limonade produced 18,000 cases of powdered drink mix and sold 21,000 cases, of which 3,000 were produced in April The sales price was $28, variable costs were $15 per case ($10 manufacturing and $5 selling and administrative), and total fixed costs were $90,000 ($72,000 manufacturing and $18,000 selling and administrative) Read the requirements Requirement 1. Prepare the May income statement using variable costing. Limonade Income Statement (Variable Costing) Month Ended May 31, 2018 Choose from any list or enter any number in the input fields and then click Check Answer. 1 part Clear All Check Answer remaining JA TUIU 2. VUU LASUL WILL DUUU Uldue pivuuluu 10,000 cases UI PUWU orice was $28, variable costs were $15 per case ($10 manufacturing and $5 selling and admir $90,000 ($72,000 manufacturing and $18,000 selling and administrative) ammts x Pr i Requirements 1. Prepare the May income statement using variable costing. 2. Determine the balance in Finished Goods Inventory as of May 31. Print Done ny list or enter any number in the input fields and then click Check Answer. Clear All Check A In May 2018, Limonade produced 18,000 cases of powdered drink mix and sold 21 000 cases, of which 3,000 were produced in April. The sales price was $28, variable costs were $15 per case ($10 manufacturing and $5 selling and administrative), and total fixed costs were $90,000 (572,000 manufacturing and $18,000 selling and administrative) Read the requirements Operating Income Choose from any list or enter any number in the input fields and then click Check Answer Clear All Check Answer 1 part remaining