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hi, I need Accounting help please Absorption Costing Income Statement During the most recent year, osterman Company had the following data: Units in beginning inventory
hi, I need Accounting help please
Absorption Costing Income Statement During the most recent year, osterman Company had the following data: Units in beginning inventory Units produced 10,000 Units sold ($47 per unit) 9,100 Variable costs per unit: Direct materials $9 Direct labor $6 Variable overhead $4 Fixed costs: Fixed overhead per unit $5 produced $137,000 Fixed selling and administrative Required 1. Calculate the cost of goods sold under absorption costing. Variable-Costing Income Statement I+During the most recent year, osterman Company had the following data: Units in beginning inventory Units produced 10,000 Units sold (S47 per unit) 9,100 Variable costs per unit: $9 Direct materials Direct labor Variable overhead Fixed costs: Fixed overhead per unit produced S5 Fixed selling and administrative $138,000 Required: 1. calculate the cost of goods sold under variable costing (Ctrl)
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