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I need help solving a Estimated income statements, using absorption and variable costing worksheet. I attached all information needed. Estimated Income Statements, using Absorption and

I need help solving a "Estimated income statements, using absorption and variable costing" worksheet. I attached all information needed.
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Estimated Income Statements, using Absorption and Variable Costing Prior to the first month of operations ending October 31 Marshall Inc, estimated the following operating results: Sales (18,400 X 566) $1,214,400 Manufacturing costs (18,400 units): Direct materials 726,800 Direct labor 172.960 Variable factory overhead 80,960 Fixed factory overhead 95,680 Fixed selling and administrative expenses 26,000 Variable selling and administrative expenses 31,500 The company is evaluating a proposal to manufacture 20,800 units instead of 18,400 units, thus creating an inventory, October 31 of 2,400 units. Manufacturing the additional units will not change sales, unit variable factory overhead costs, total fixed factory overhead cost, or total selling and administrative expenses a. 1. Prepare an estimated Income statement, comparing operating results if 16,400 and 20,000 units are manufactured in the absorption costing format. If an amount box does not require an entry leave it blank or entero Marshall Inc. Absorption Costing Income Statement For the Month Ending October 31 18,400 Units Manufactured 20,000 Units Manufactured Cost of goods sold O DOO DDD a. 1. Prepare an estimated income statement, comparing operating results ir 18,400 and 20,800 units are manufactured in the absorption costing format. If an amount box does not require an entry leave it blank or enter"0 Marshall Inc. Absorption Costing Income Statement For the Month Ending October 31 16,400 Units Manufactured 20,800 Units Manufactured Cost of goods sold: baini Income from operations 3. 2. Prepare an estimated Income statement companing operating results if 18,400 and 20,000 units are manufactured in the variable costing format. If an amount box does not require an entry leave it blank or enter"0" Marshall Inc. Variable Costing Income Statement For the Month Ending October 31 10,400 Units Manufactured 20,800 Units Manufactured Variable cost of goods sold DO a. 2. Prepare an estimated Income statement, comparing operating results 18,400 and 20,800 units are manulactured in the variable costing format. If an amount box does not require an entry leave it blank or enter"0" Marshall Inc. Variable Costing Income Statement For the Month Ending October 31 18,400 Units Manufactured 20,800 Units Manufactured Variable cost of goods sold: JOLID) Dod povi budili Fixed costs: Total fixed costs b. What is the reason for the difference in income from operations reported for the two levels of production by the absorption costing income statement? The increase in income from operations under absorption costing is caused by the allocation of overhead cost over a number of units. Thus, the cost of goods sold is The difference can also be explained by the amount of overhead cost ved in the inventory

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