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I need help with my assignment please Jacquie Inc. reports the following annual cost data for its single product. Normal production and sales level Sales
I need help with my assignment please
Jacquie Inc. reports the following annual cost data for its single product. Normal production and sales level Sales price Direct materials Direct labor Variable overhead Fixed overhead 77,000 units 57.70 per unit 10.70 per unit 8.20 per unit $ 12.70 per unit $1,316,700 in total Complete the below table using absorption costing. (Round cost per unit answers to 2 decimal place.) Production volume 77000 units 114000 units Cost of goods sold: LLLLLLLLLLLLLLLLLLLLLL Cost of goods sold per unit Number of units sold Total cost of goods sold Jacquie Inc. Income statement through gross margin Sales volume 77000 units 77000 units If Jacquie increases its production to 114000 units, while sales remain at the E current 77000 unit level, by how much would the company's gross margin E increase or decrease under absorption costing? Assume the company has idle capacity to double current production. Number of units sold Change in fixed overhead cost per unit Change in cost of goods sold
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