Question
Requlred Information (The Information app//es to the questions displayed De/ow.j OSrlen Company manufactures ard sells one product. The followlr,g Informatlon penalng to of the
Requlred Information (The Information app//es to the questions displayed De/ow.j OSrlen Company manufactures ard sells one product. The followlr,g Informatlon penalng to of the comparp/g first three years of operations: variable costs variable selling Sue. aee Dunn; Its first year of operat[ong. OSr1en zroduced 98.000 unltE ard ESd 75.000 unltg. Durlrg E.ecort year of It produced 73.000 unltg art 93.000 unltE_ In year. OSr1en produced 8@000 unltg and 83,000 unltE_ The Eell[ng grlce oft}ne company& product 579 per Assume the company uses costlng a FIFO Inventor,' tow {FIFO me&ng first4n first-out. In other It assumes that the oldest unltE [n Inventory Ere gold first) a. Compute unlt prouct cog: for Year 1. Year 2. Year b. Prepare an Income statement for Year 1. Year 2. Year Cmplete this by Co tl- unit cut for 1, 2, in tabs 3. (Rour-z intern-Qiate end an 3B
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