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Harper Company, which has only one product, has provided the following data concerning its most recent month of operations: $111 420 8,200 8.300 Selling price
Harper Company, which has only one product, has provided the following data concerning its most recent month of operations: $111 420 8,200 8.300 Selling price Units in beginning inventory Units produced Units sold Varlable costs per unit: Direct materials Pirect labour Variable manufacturing overhead Variable selling and administrative Fixed costs: Fixed manufacturing overhead Fixed selling and administrative $36 $32 $2 $10 $61,100 $169.2001 The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total fixed costs have been constant from month to month. Required: a. Compute the total Contribution Margin. b. Compute the Operating Income under Variable Costing. c. Prepare a reconciliation from your Variable Costing Operating Income to compute Operating Income under absorption costing. Short Answer Toolbar navigation BI VS
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