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Help zoom C O Q Wed Apr 12 8:02 PM View History Bookmarks Window 00 O mylab.pearson.com C + social Media.. M Inbox (4,796) -

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Help zoom C O Q Wed Apr 12 8:02 PM View History Bookmarks Window 00 O mylab.pearson.com C + social Media.. M Inbox (4,796) - ap1773@scarletmail.rutg... P Do Homework - Chapter 9 Homework C Crystal Clear Corporation manufactures... (28) YouTube ounting Spring 2023 $10 Aleksa Pljakic HW Score: 62.22%, 28 of 45 points ter 9 Homework Question 5, E9-23 (similar to) Save Part 1 of 9 x Points: 0 of 5 The selling price per unit is $2,900. The budgeted level of production used to calculate - X the budgeted fixed manufacturing cost per unit is 1,250 units. There are no price, Data table efficiency, or spending variances. Any production-volume variance is written off to cost of goods sold in the month in which it occurs. Read the requirements. January February March Unit data: Beginning inventory 150 150 der (a) variable costing and (b) absorption costing. Production 1,250 1, 150 1,275 le costing. Sales 1,100 1,150 1,280 Complete all input fields. Enter a "0" for any zero balance accounts.) Variable costs: Manufacturing cost per unit produced $ BOO $ 800 $ 800 March 2020 Operating (marketing) cost per unit sold $ 500 $ 500 $ 500 Fixed costs: Manufacturing costs $ 460,000 $ 460,000 $ 460,000 Operating (marketing) costs 160,000 $ 160,000 $ 160,000 Print Done Etext pages Get more help - Clear all Check answer 23,227 O APR 12 W P- X zoom O(b). Prepare income statements for Crystal Clear in January, February, and March 2020 under absorption costing. Complete the top half of the income statement for each month rst, then complete the bottom portion. (Enter a "0" for any zero balance accounts. Label any variances as favorable (F) or unfavorable (U). If an account does not have a variance, do not select a label. Abbreviation used; Adj. = Adjustment, Mfg. = Manufacturing.) January 2020 February 2020 March 2020 January 2020 February 2020 March 2020 Revenues $ 3, 190,000 $ 3,335,000 $ 3,712,000 Variable cost of goods sold: Beginning inventory 0 $ 120,000 $ 120,000 Variable manufacturing costs 1,000,000 920,000 1,020,000 Cost of goods available for sale 1,000,000 1,040,000 1, 140,000 Deduct ending inventory (120,000) (120,000) (116,000) Variable cost of goods sold 880,000 920,000 1,024,000 Variable operating costs 550,000 575,000 640,000 Contribution margin 1,760,000 1,840,000 2,048,000 Fixed manufacturing costs 460,000 460,000 460,000 Fixed operating costs 160,000 160,000 160,000 Operating income $ 1, 140,000 $ 1,220,000 $ 1,428,000

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