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I need help completing a variable costing income statement i attached all information needed. Variable costing Income statement Instructions Label and Amount Descriptions Variable Costing
I need help completing a "variable costing income statement" i attached all information needed.
Variable costing Income statement Instructions Label and Amount Descriptions Variable Costing Income Statement Instructions On November 30, the end of the first month of operations, Weatherford Company prepared the following income statement, based on the absention costing concept Weatherford Company Absorption Costing Income Statement For the Month Ended November 30 $3.500.000.00 52,678.00000 (373.000.00) Sales (25.000 units) 1 Cost of goods sold 1 Cost of goods manufactured (29200 units) Inventory November 30(4200 units Total cost of goods sold Gotspot Selling and administrative expenses Income from operations 2250,000.00 $1,250,000.00 150,000.00 $1.100.000.00 Variable costing Income statement Instructions Label and Amount Descriptions Variable Costing Incomo Statement Instructions Absorption Costing Income Statoment For the Month Ended November 30 $3,500,000.00 $2%28,000.00 (578,000.00) 1 1 Sales (25.000 units) 2 Cost of goods sold: Cast of goods manufactured (29,200 units) Inventory, November 301,200 units) Total cost of goods sold Gross profit Selling and administrative penses Income from operations 1 2,250,000.00 51.250.000.00 150,000.00 $1,100,000.00 If the fived manufacturing costs were $262.800 and the fixed seling and administrative expenses were $125,000, prepare an income statement according to the variable costing concept Refer to the list of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. A coton () will automatically appear it required. Enter al amounts as positive numbers. Round your cost per unit answer to wo decimal places and final answers to nearest whole dollar $3,500,000.00 0.00 0.00) Instructions Labels and Amount Descriptions November 30 Amount Descriptions Contribution margin Contribution margin ratio Fixed manufacturing costs Fixed selling and administrative expenses Gross profit Income from operations Inventory, November 30 Loss from operations Manufacturing margin Planned contribution margin Sales Sales mix Total fixed costs Total variable cost of goods sold Variable cost of goods manufactured Variable cost of goods sold Variable selling and administrativo expenses 2,250,000.00 $1,250,000.00 150,000.00 $1,100,000.00 3 co ve expenses were $125,000, prepare an income stateme the answer choices for text entries. Bo sure to completa cost per unit answer to two decimal places and final ans au Instructions Labels and Amount Descriptions Variable Costing Income Statement W the fowed manufacturing costs were $262,800 and the feed selling and administrative expenses were 125,000, prepare an income statement according to the variabile casting concept Refer to the dists of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. A colon () war automatically appear it required. Enter all amounts as positive numbers. Round your cost per unit answer to 2 decimal places & inal answers to nearest whole cotar. Weatherford Company Variable Costing Income Statement (Label Instructions Labels and Amount Descriptions Variable Costing Income Statement Variable Cosung Income Statement (Label 3 5 6 17 Label 10 11 12 15 Step by Step Solution
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