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Help me solve #3a , 3b , & 3c. Thank you. Check my wor 3 During Heaton Company's first two years of operations, it reported
Help me solve #3a , 3b , & 3c. Thank you.
Check my wor 3 During Heaton Company's first two years of operations, it reported absorption costing net operating income as follows. 4 Sales ( 562 per unit) Cost of goods sold ($5 per unit) Gross margin Selling and administrative expenses het operating incono Year i $ 1.116.000 630,00 485,000 302.000 5 184.ee Year 2 $ 1,736,000 980,000 756,000 232,000 5 424.000 Speed eo *$3 per unit variable $248,000 fixed each year The company's $35 unit product cost is computed as follows: Print Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead (5322,000+ 23,000 units) Absorption costing unit product cost Deferences 4 14 135 Production and cost data for the first two years of operations are: Units produced Units sold Yeart 23,000 18.000 Year 2 23.090 28,000 Required: 1. Using variable costing, what is the unit product cost for both years? 2. What is the variable costing net operating income in Year 1 and in Year 2? 3. Reconcile the absorption costing and the variable costing net operating income figures for each year Rosorption costing unit prouc cost 3 Production and cost data for the first two years of operations are: Year 1 23.000 18,000 Units produced Units sold Year 2 23,000 28,000 int Skipped Required: 1. Using variable costing, what is the unit product cost for both years? 2. What is the variable costing net operating income in Year 1 ond in Year 2? 3. Reconcile the absorption costing and the variable costing net operating income figures for each year, eBook Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 Required 3 References Using variable costing, what is the unit product cost for both years? Unit productos Fred Required 2 > Osorpcion costing unit produce COSE 3 Production and cost data for the first two years of operations are: 4 points Year 1 23, Bee 18.ee Year 2 23,000 28,000 Units produced Units sold Skepea Required: 1. Using variable costing, what is the unit product cost for both years? 2. What is the variable costing net operating income in Year 1 and in Year 2? 3. Reconcile the absorption costing and the variable costing net operating income figures for each year, eBook Complete this question by entering your answers in the tabs below. Print References Required 1 Required 2 Required 3 What is the variable costing net operating income in Year 1 and in Year 2? (Loss amounts should be indicated with a minus sign.) Year 1 Year 2 Net operating income (loss) 35 3 Asorpcion Costing unit product cost Production and cost data for the first two years of operations are 4 points Units produced Units sold Year 1 23,800 18,000 Year 2 23,00 28,000 Skipped Required: 1. Using variable costing, what is the unit product cost for both years? 2. What is the variable costing net operating income in Year 1 and in Year 2? 3. Reconcile the absorption costing and the variable costing net operating income figures for each year. ebook Complete this question by entering your answers in the tabs below. Peint Required 1 Required 2 References Required 3 Year 2 Reconcile the absorption costing and the variable costing net operating Income figures for each year. Reconciliation of Variable Costing and Absorption Costing Not Operating Incomes Year 1 Variable costing net operating income (oss) Add (deduct) fixed manufacturing overhead deferred in (released from) inventory under absorption coating Absorption costing net operating income (Required 2 Required a Step by Step Solution
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