i need the income statement for theoretical capacity, practical capaicity, and normal capacity utilization.

Brewery. The brewery is two years old and uses absorption costing. It will "sell" its product to Tasty Lager at $46 per bal "s capacity and budgeted fixed manufacturing costs for 2017: i Data Table concepts. (A ed m the Rou Budgeted Fixed Manufacturing Overhead per Period $ 28,100,000 $ 28,100,000 $ 28,100,000 Denominator-Level Capacity Concept Theoretical capacity Practical capacity Normal capacity utilization Master-budget capacity for each half year (a) January-June 2017 (b) July-December 2017 Days of Hours of Production Production Barrels per Period per Dayper Hour 360 24 600 340 520 340 405 ixed N 170 340 $ $ 14,050,000 14,050,000 170 470 Print Done per in the input fields and then click Check Answer. Clear All its product to Tasty Lager at $46 per barrel Peter Bryant, Tasty Lagor's controlar o n the P9-37 (similar to) a u che r The browwystwo years old and use absorption costing. It will following information about Austin Brewery's capacity and budgeted red manufacturing costs for 2017 T Requirement Compute the budgeted faced manufacturing overhead rate per bare for each of the denomination avel capacity concepts. Explain why they are different. Bepe by determing the formulato calculate the budgeted fed manufacturing overhead rato por barrel then compute theme for each of the denominator-level capacity concepts. (Abbreviations used Budg hudpoled MOH matching overhead Round the rates to the nearestent) Budgeted flowed MOH rate per barrel Budafed MOH per period Budg denominato level barrels) 5.144,000 $ 5:42 28,100,000 28,100,000 28.100.000 75 3,536,000 - 5 2,754,000 Theo capacity Practical capacity Normal con Master-budget capacity for each half year ay June 2017 3 ay December 2017 s 1215 14,050,000 14.050,000 1.156.000 5 1,598,000 = $ 8.79 Explain why they are tot Choose from any liat or enter any number in the authods and then click Check Answer atin Brewery. The brewery is two years old and uses absorption costing. It will soll IL mery's capacity and budgeted fixed manufacturing costs for 2017: on.) Requirements Jifferent fixed manufact apacity conce late the budget bad. Round the 1. fixed MOH pel 1. Compute the budgeted fixed manufacturing overhead rate per barrel for each of the denominator-level capacity concepts. Explain why they are different. 2. In 2017, the Austin Brewery reported these production results: Beginning inventory in barrels, 1-1-2017 Production in barrels 2,620,000 Ending inventory in barrels, 12-31-2017 200,000 Actual variable manufacturing costs $78,731,000 Actual fixed manufacturing overhead costs $ 27,600,000 There are no variable cost variances. Fixed manufacturing overhead cost variances are written off to cost of goods sold in the period in which they occur. Compute the Austin Brewery's operating income when the denominator-level capacity is (a) theoretical capacity, (b) practical capacity, and (c) normal capacity utilization. & Print Done ber in the input fields and then click Check Answer. Clear All Read the requirements. Begin by completing the following table to help you compute the operating income for each denominator-level capa Denominator-level Per barrel Budgeted fixed Budgeted MOH rate variable mfg per barrel cost rate 5.42 $ 30.05 $ 7.95 30.05 capacity concept Budgeted total mfg Fixed MOH cost rate costs allocated 35.47 $ 14,200,400 38.00 20,829,000 40.25 26,724,000 Theoretical capacity Practical capacity Normal capacity utilization 10.20 30.05 Now compute the operating income for each capacity concept, one at a time. Label the variances as favorable (F). Theoretical capacity Revenues Cost of goods sold Choose from any list or enter any number in the input fields and then click Check Answer. parts remaining Clear All Theoretical capacity Revenues Cost of goods sold Beginning inventory Variable manufacturing costs Fixed manufacturing overhead cost allocated Cost of goods available for sale Deduct ending inventory Adjustment for variances Cost of goods sold Gross margin Choose from any list or enter any number in the input fie capacity Revenues Cost of goods sold Beginning inventory Variable manufacturing costs Fixed manufacturing overhead cost allocated Cost of goods available for sale Deduct ending inventory Adjustment for variances Cost of goods sold Gross margin Other costs Operating income