I have the answers but wish to know how to get them so please work them out fully.

chapter 4 answer = 1,031,651.84

chapter 6 Absorption costing income = 177,500

chapter 6 Variable costing income = 170,750

Thanks!

Chapter 4 - ABC Allocation Sidney Industries is implementing an activity based costing system, to allocate conversion costs. Expected usage and costs for its manufacturing activities for the upcoming year are as follows. Estimated Cost $168,000 Estimated Activity 650 $576,000 Cost Pool Machine maintenance costs Engineering change orders Hazardous waste disposal Total Overhead Cost Cost Driver Number of machine hours Number of change orders Pounds of hazardous waste generated 43,600 $94,000 10,300 $898,000 Actual results for Job 356 are as follows: Total DM cost incurred: $663,000 324 change orders 18,900 change orders 3,860 pounds of waste Calculate the cost of Job 356 using activity based costing. Chapter 6 - Absorption Costing vs. Variable Costing Terry Corporation manufactures a product that it will sell for $12 per unit. The company is looking to project its operating income for its first two years of operations. Cost information for the single product is as follows: Direct materials per unit produced $1.50 Direct labor cost per unit produced $2.50 Variable manufacturing overhead (MOH) per unit produced $1 Variable operating expenses per unit sold $.50 Total fixed manufacturing (MOH) $20,250 Total fixed operating expenses $4,000 During its first year of operations, the company plans to manufacture 45,000 units and anticipates selling 30,000 of those units. During the second year of its operations, the company plans to manufacture 45,000 units and anticipates selling 55,000 units. It will have units in beginning inventory for the second year, from its first year of operations) Prepare an absorption costing income statement, and variable costing income statement for its first year of operations