*/ Homework: Chapter M:6 Homework Minute Company reports the following information for March: (Click the icon to view the data.) Read the requirements. Question 1, EM6-13 (similar to) HW Score: 48.57%, 2.43 of 5 points > Part 1 of 2 Points: 0 of 1 Requirement 1. Calculate the gross profit and operating income for March using absorption costing. Minute Company Income Statement (Absorption Costing) For the Month Ended March 31 Operating Income Help me solve this Demodocs example Get more help Data table Net Sales Revenue $ 82,450 Variable Cost of Goods Sold 21,700 Fixed Cost of Goods Sold 13,500 Variable Selling and Administrative Costs Fixed Selling and Administrative Costs 11,500 3,500 Requirements Print Done - Save 1. Calculate the gross profit and operating income for March using absorption costing. 2. Calculate the contribution margin and operating income for March using variable costing. Print Done - III Homework: Chapter M:6 Homework Question 2, EM6-16 (similar to) > Part 1 of 2 HW Score: 48.57%, 2.43 of 5 points Points: 0 of 1 Save VitaSport produced 8,000 cases of powdered drink mix and sold 5,000 cases in April. The sales price was $28, variable costs were $10 per case ($8 manufacturing and $2 selling and administrative), and total fixed costs were $70,000 ($56,000 manufacturing overhead and $14,000 selling and administrative). The company had no beginning Finished Goods Inventory. Read the requirements. Requirement 1. Prepare the April income statement using variable costing. VitaSport Income Statement (Variable Costing) Month Ended April 30 Net Sales Revenue Operating Income Help me solve this Demodocs example Get more help A Requirements 1. Prepare the April income statement using variable costing. 2. Determine the product cost per unit and the total cost of the 3,000 cases in Finished Goods Inventory as of April 30. Print Done Clear all Check answer