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Information token from Horner Corporation's Moy accounting records follows: Required: A. Assuming the use of variable costing compute the inventoriable costs for the month. B.

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Information token from Horner Corporation's Moy accounting records follows: Required: A. Assuming the use of variable costing compute the inventoriable costs for the month. B. Compute the month's imventoriable costs by using absorption costing. C. Assume that anticipated and actual production totaled 24,000 units, and that 20,000 units were sold during May. Determine the amount of fixed manufacturing overhead and flxed selling and administrative costs that would be expensed for the month under (t) variable costing and (2) absorption costing. D. Assume the same data as in requirement "C." Compute the contribution margin that would be reported on a variable-costing income statement

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