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Harvest, Inc. has collected the following data for November (there are no beginning inventories): (Click the icon to view the data.) Read the requirements. Requirement
Harvest, Inc. has collected the following data for November (there are no beginning inventories): (Click the icon to view the data.) Read the requirements. Requirement 1. Using absorption costing, calculate the unit product cost. (Round your final answer to the nearest cent.) Absorption costing Unit product cost Requirement 2. Prepare an income statement using the traditional format. Harvest, Inc. Income Statement (Absorption Costing) For the Month Ended November 30 Choose from any list or enter any number in the input fields and then continue to the next question. Requirement 2. Prepare an income statement using the traditional format. Harvest, Inc. Income Statement (Absorption Costing) For the Month Ended November 30 Operating Income Units produced and sold 650 units Sales price S 300 per unit Direct materials 45 per unit Direct labor 76 per unit Variable manufacturing overhead 30 per unit 10,075 per month Fixed manufacturing overhead Variable selling and administrative costs 60 per unit 4,675 per month Fixed selling and administrative costs
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