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Instructions During the first month of operations ended August 31, Kodiak Fridgeration Company manufactured 46,000 mini refrigerators, of which 42,000 were sold. Operating data for
Instructions During the first month of operations ended August 31, Kodiak Fridgeration Company manufactured 46,000 mini refrigerators, of which 42,000 were sold. Operating data for the month are summarized as follows: Sales $9,660,000.00 Manufacturing costs: Direct materials $3,220,000.00 Direct labor 1,380,000.00 828,000.00 Variable manufacturing cost Fixed manufacturing cost 506,000.00 5,934,000.00 Selling and administrative expenses: Variable $756.000.00 Fixed 294,000.00 1,050,000.00 Absorption Costing Income Statement Absorption Costing Income Statement For the Month Ended August 31 1 Sales $9,660,000.00 Cost of goods sold: Cost of goods manufactured Inventory, August 31 in co Variable Costing Income Statement Score: 0/98 Kodiak Fridgeration Company Variable Costing Income Statement (Label) 2 (Label (Label)
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