Maher Corporation, which has only one product, has provided the following data concerning its most recent month of operations: 188 0 3,560 3,110 450 Selling price Unito in beginning inventory Units produced Units sold Units in ending inventory Variable costo per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expenso Fixed costs: Pixed manufacturing overhead Pixed selling and administrative UUS 51 52 11 14 $ $121,040 $ 12,440 Required: a. What is the unit product cost for the month under variable costing? b. What is the unit product cost for the month under absorption costing? 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. Complete this question by entering your answers in the tabs below. Required A Required B Required Required D Required E Prepare a contribution format income statement for the month using variable costing, a. W 19 W um prUUULE CUL IUI CIC MUNU UNUI Vanovic Cubung: b. What is the unit product cost for the month under absorption costing? 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. Complete this question by entering your answers in the tabs below. Required A Required B Required Required D Required E Prepare a contribution format income statement for the month using variable costing. Variable Costing Income Statement Variable expenses 0 0 Fixed expenses 0 0 $ 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. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E Prepare an income statement for the month my usurption costing. Required D Absorption Costing Income Statement 0 Gross margin Selling and administrative expenses: 0 Net operating income $ 0 Required C Required E > Required: a. What is the unit product cost for the month under variable costing? b. What is the unit product cost for the month under absorption costing? 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. Complete this question by entering your answers in the tabs below. Required A Required B Required a Required D Required E Reconcile the variable costing ant absorption costing net operating incomes for the month. Reconciliation of Variable Costing and Absorption Costing Not Operating Incomes Variable costing net operating income (108) Absorption costing net operating income (loss) (Required D
