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I believe the first part is right but I have absolutely no clue how to do the second part or even find the answers to
I believe the first part is right but I have absolutely no clue how to do the second part or even find the answers to it. Please HELP!
Check my work Serial Problem Business Solutions P2, P3 25 points Santana Rey expects sales of Business Solutions's line of computer workstation furniture to equal 300 workstations (at a sales price of $3,600 each) for 2018. The workstations' manufacturing costs include the following Skipped Direct materials Direct labor Variable overhead Fixed overhead $ 790 per unit $ 390 per unit $60 per unit $19,200 per year Book Print The selling expenses related to these workstations follow. Variable selling expenses Fixed selling expenses $45 per unit $3,200 per year Santana is considering how many workstations to produce in 2018. She is confident that she will be able to sell any workstations in her 2018 ending inventory during 2019. However, Santana does not want to overproduce as she does not have sufficient storage space for many more workstations. Required 1. Complete the following income statements using absorption costing. Production volume 300 320 Cost of goods sold: workstations workstations rect materials per unit 790f S 790 2. Complete the following income statements using variable costing BUSINESS SOLUTIONS 25 points Variable Costing Income Statements 300 320 Sklpped Production volume (units) workstationsworkstations workstations workstations $ 1,080,000$1,080,000 300 300 Sales volume (units) eBook Sales ess: Variable costs Print Direct materials Direct labor Variable overhead Variable selling expenses 790 390 60 790 390 60 References 1,240 1,078,760 Total variable costs 1,240 Contribution margin 1,078,760 ess: Fixed expenses Fixed overhead costs Fixed selling expenses Net income (loss) $1,078,760 1,078,760 Under variable costing, can a company increaseStep by Step Solution
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