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Hi, please answer for a thumbs up. Also I will create a new post for requirement 2, please answer that too :) Osawa Inc. planned
Hi, please answer for a thumbs up.
Also I will create a new post for requirement 2, please answer that too :)
Osawa Inc. planned and actually manufactured 200,000 units of its single product in 2018 , its first year of operation. Variable manufacturing cost was $19 per unit produced. Variable operating (non-manufacturing) cost was $10 per unit sold. Planned and actual fixed manufacturing costs were $400,000. Planned and actual fixed operating (non-manufacturing) costs totalled $390,000. Osawa sold 110,000 units of product at $39 per unit. Required 1. Osawa's 2018 operating income using absorption costing is (a) $490,000, (b) $310,000, (c) $700,000, (d) $880,000, or (e) none of these. Show supporting calculations. 2. Osawa's 2018 operating income using variable costing is (a) $710,000, (b) $490,000, (c) $310,000, (d) $700,000, or (e) none of these. Show supporting calculations. Requirement 1. Osawa's 2018 operating income using absorption costing is (a) $490,000, (b) $310,000, (c) $700,000, (d) $880,000, or (e) none of these. Show supporting calculations. Begin by selecting the labels used in the absorption costing calculation of operating income and enter in the supporting calculations. (For amounts with a $0 balance, make sure to enter "0" in the appropriate cell.) Osawa's 2018 operating income using absorption costing is A. $490,000. B. $310,000. C. $700,000. D. $880,000. E. none of theseStep by Step Solution
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