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help on the missing formulas thanks overhead. Costing Gallatin County Motors Inc. assembles and sells ). Prepare an income statement according to the varia snowmobile

help on the missing formulas thanks

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overhead. Costing Gallatin County Motors Inc. assembles and sells ). Prepare an income statement according to the varia snowmobile engines. The company began operations costing concept. July 1 and operated at 100% of capacity during the firs Gallatin County Motors Inc. month. The following data summarize the results for Ju Variable Costing Income Statement For the Month Ended July 31 Sales (16,500 units) $2,145,000 Sales V 2,145,000 Production costs (21,000 units): Variable cost of goods sold 1,812,329 X Direct materials $1,010,100 Manufacturing margin Direct labor 485,100 Variable selling and administrative expenses 294,300 Variable factory overhead 241,500 Contribution margin Fixed factory overhead 161,700 1,898,400 Fixed costs: Selling and administrative expenses: Fixed factory overhead costs 161,700 Variable selling and administrative expenses $294,300 Fixed selling and administrative expenses 113,900 Fixed selling and administrative expenses 113,900 408,200 Total fixed costs 275,600 Operating income If required, round interim per-unit calculations to the Feedback nearest cent. Check My Work

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