just need requirement 4 please!
o P21-28A (similar to) Centri A The comes to rendering innen een uits per parte une a man wat mensenyat planning the storing dato bon Timburg were 1. Come producenter interior dondering Ost016 Novar 2018 1 17 en la Porte Outerwear who will turn wir Gune A Cortina Out 2010 Total 103.600 13.00 Cat 47000 7. 500 $ Requirement 2b. Prepare monthly income statements for October and November, including columns for each month and a total column, using variable costing. Game Time Variable Costing Income Statement October 2018 November 2018 Total Net Sales Revenue 70,300 $ 103,600 $ 173.900 Variable Costs 32 300 47,600 79,900 Contribution Margin 38,000 56,000 94,000 Fixed Costs 24,000 24,000 48,000 14.000 $ 32,000 $ Operating Income 46,000 Requirements quramant 2. le operating income higher under eboorption conting or variable conting on October? in November? Explain the patem of diference in operating income based en absorption contra versus abier conta October the operating income is higher under abortion conting. The primary son for this mabepilon costing the food manufacturing overtoad couts orderbind across the entire production as part of the unit cont. Under the shorption conting method. 5 1.000 offend manufacturing and coure of expened and remain in Fried Goods November, the ring income is higher under variable conting. The primary for this is bec 31500 offrend manufacturing overed that is contained in the units in ording inventory under orion conting is not contained in the ofending ventory undet Variable conting A very within November October noved bortion consigned to have Nort This de November ning me ordonning Parqueter, Dare to becen Frinted Centerventory Otober 21 November 30 under torption conting and is conting Compare the diferencia a inventory balance and the diferencen erving Price October 31, 2018 An Enter any number in the ed and then click Check i Requirements 1. Compute the product cost per game produced under absorption costing and under variable costing. 2. Prepare monthly income statements for October and November, including columns for each month and a total column, using these costing methods: a. absorption costing b. variable costing. 3. Is operating income higher under absorption costing or variable costing in October? In November? Explain the pattern of differences in operating income based on absorption costing versus variable costing. 4. Determine the balance in Finished Goods Inventory on October 31 and November 30 under absorption costing and variable costing. Compare the differences in inventory balances and the differences in operating income. Explain the differences in inventory balances based on absorption costing versus variable costing. Print Done i Data Table X October November Sales 1,900 units 2,500 units 2,800 units 2,500 units $ 12 $ 12 Production Variable manufacturing cost per game Sales commission cost per game Total fixed manufacturing overhead Total fixed selling and administrative costs 5 5 g 12,500 12,500 11,500 11,500 Print Done
