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Liquid Energy incurs the following costs for its powdered sports beverage mix in March: (Click the icon to view inventory cost data.) (Click the
Liquid Energy incurs the following costs for its powdered sports beverage mix in March: (Click the icon to view inventory cost data.) (Click the icon to view the March income statement.) Suppose that during April, the company produces 9,000 cases of powdered drink mix and sells 11,000 cases. Sale price, variable cost per case, and total fixed expenses remain the same as in March. Prepare the April income statement using variable costing. Prepare the April income statement using variable costing. Liquid Energy Contribution Margin Income Statement (Variable Costing) Month Ended April 30 Variable cost of goods sold: Choose from any list or enter any number in the input fields and then continue to the next question. quid Energy incurs the foll (Click the icon to view uppose that during April, th ase, and total fixed expense i Data Table Absorption Costing Variable Costing repare the April income sta Direct materials Direct labour Contributio Variable manufacturing overhead 6.00 $ 6.00 4.00 4.00 2.00 2.00 3.00. Fixed manufacturing overhead $ 15.00 $ 12.00 Total cost per case * $27,000 fixed manufacturing overhead $3 Variable cost of go 9,000 cases Sales price per case $31.00 Sales commission per case Units in beginning inventory $2.00 2,500 hoose from any list or ent Print Done x ht.) ale price, variable cost per costing. ?
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