Evergreen All - Fixed. (Click the icon to view the budgeted and actual data.) Read the operating loss.) Start by preparing the (a) variable costing income statement for 2019,2020 , and the 2 year total. unfavorable (U). Use units of production as the denominator level in the allocation rate.) Revenue Cost of goods sold Beginning inventory Allocated fixed manufacturing costs Deduct ending inventory Adjustment for production-volume variance Total cost of goods sold Gross margin Operating costs Operating income (loss) 2019 2020 Total Requirement 2. What is the breakeven point under (a) variable costing and (b) absorption costing? Start by calculating the breakeven point under (a) variable costing. (Round your answer up to the nearest unit.) MOH= manufacturing overhead, CM = contribution margin.) +[+[(()]=Revenue)]= (Round your answer up to the nearest unit.) The breakeven point under absorption costing when sales are tons is units. perating income is affected by both production and sales under fluenced by Most managers would prefer costing because their performance in any given reporting period, at least in the short run, is Evergreen All - Fixed. (Click the icon to view the budgeted and actual data.) Read the operating loss.) Start by preparing the (a) variable costing income statement for 2019,2020 , and the 2 year total. unfavorable (U). Use units of production as the denominator level in the allocation rate.) Revenue Cost of goods sold Beginning inventory Allocated fixed manufacturing costs Deduct ending inventory Adjustment for production-volume variance Total cost of goods sold Gross margin Operating costs Operating income (loss) 2019 2020 Total Requirement 2. What is the breakeven point under (a) variable costing and (b) absorption costing? Start by calculating the breakeven point under (a) variable costing. (Round your answer up to the nearest unit.) MOH= manufacturing overhead, CM = contribution margin.) +[+[(()]=Revenue)]= (Round your answer up to the nearest unit.) The breakeven point under absorption costing when sales are tons is units. perating income is affected by both production and sales under fluenced by Most managers would prefer costing because their performance in any given reporting period, at least in the short run, is