Managerial accounting.

Not sure if they're correct. Can someone work it out? V and VI

I added IV as the datasheet info.

V. Using the base information in IV, show a flex budget income statement (no inventory) for next year in yariable costing format based on units sold. Assume price will increase to $53 per unit. All other costs remain consistent with the prior year. Calculate for scenarios for 25,000 units, 30,000 units and 35,000 units sold. (10 points). 0=25/000 1325000 400 000 150000 775ro00 3 60/000 30,000 1590000 4Wrogo 1R0, 000 301000 35,00 55000 560r000 210/000 Sale's Var Aodxlb Vay Sh/t 1 085000 Fred Prod 3 b0r000 360.000 fixed SeA 150r000 2651000 150,000 NI. 575000 VI. Use the base information in IV and V. The company actually sold 27,000 units at $52.50. Variable production costs were $425,000. Variable SGA was $165,000. Fixed production was $350,000 and fixed SGA was $155,000. Prepare a flex budget report with variances (indicate favorable or unfavorable). (10 points). Actoal 411500 Bud get Sale s,x2 1404 00J Var 13500 F 7I0 4251a0 Nar frod ib. Yor SGA xL 4 32000 165r.o00 3000- F 162000 27500 FIJdou Fryed Prod 360.03J CA d000 15J.00u 55100 filed SeA NO 12lgt 22500 IV Variable costing income statement: (20 points) XYZ manufactured 30,000 units of product. Costs were as follows Direct Materials $120,000 Direct Labor-$240,000o Variable Overhead $120,000 Tes OL- &-DL Fixed Overhead $360,000. Additionally the company had $300,000 of SGA of which 50% was fixed and 50% was variable. 1- The company sold 25,000 units for $52 each. Ignore taxes 2-AeM a. Prepare an absorption costing (traditional) income statement and compute ending inventory. (10 points) Saty 13ao gs -25 4 So 2140,ee 600000 30ewe Nt 700doo 1300000 b. Show a contribution margin (CVP) income statement and compute ending inventory.(10 points) (hint: What do you do with fixed cost?) 7 Svce