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Maher Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 186 Units in

Maher Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

Selling price $ 186
Units in beginning inventory 0
Units produced 3,690
Units sold 3,120
Units in ending inventory 570
Variable costs per unit:
Direct materials $ 56
Direct labor $ 52
Variable manufacturing overhead $ 8
Variable selling and administrative expense $ 18
Fixed costs:
Fixed manufacturing overhead $ 121,770
Fixed selling and administrative expense $ 9,360

Required:

c. Prepare a contribution format income statement for the month using variable costing.

d. Prepare an income statement for the month using absorption costing.

e. Reconcile the variable costing and absorption costing net operating incomes for the month.

image text in transcribedimage text in transcribedimage text in transcribed Answer is not complete. Complete this question by entering your answers in the tabs below. repare a contribution format income statement for the month using variable costing. Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare an income statement for the month using absorption costing. Answer is not complete. Complete this question by entering your answers in the tabs below. Reconcile the variable costing and absorption costing net operating incomes for the month

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