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Maya Company reports the following information for March: (Click the icon to view the data.) Read the requirements, Requirement 1. Calculate the gross profit and
Maya Company reports the following information for March: (Click the icon to view the data.) Read the requirements, Requirement 1. Calculate the gross profit and operating income for March using absorption costing. Maya Company Income Statement (Absorption Costing) For the Month Ended March 31 Data Table 1 Net Sales Revenue $ 68.180 Variable Cost of Goods Sold 14,360 Fixed Cost of Goods Sold 8,400 10,500 Variable Selling and Administrative Costs Fixed Selling and Administrative Costs 4,900 Print Done Operating Income Requirement 2. Calculate the contribution margin and operating income for March using variable costing. Maya Company Income Statement (Variable Costing) Data Table For the Month Ended March 31 Net Sales Revenue $ Variable Cost of Goods Sold 68,180 14,360 8,400 Fixed Cost of Goods Sold Variable Selling and Administrative Costs Fixed Selling and Administrative Costs 10,500 4,900 Print Done Operating Income
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