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me Play manutactures video games that it sells for $37 each. The company uses a fixed manufacturing overhead allocation rate of $5 per game. Assume

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me Play manutactures video games that it sells for $37 each. The company uses a fixed manufacturing overhead allocation rate of $5 per game. Assume all costs and production (Click the icon to view the data.) ad the requirements equirement 1. Compute the product cost per game produced under absorption costing and under variable costing costing October 2018 November 2018 Absorption Variable Absorption Variable costing costing costing Total product cost per game Requirement 2a. Prepare monthly income statements for October and November, including columns for each month and a total column, using absorption costing Game Play Absorption Costing Income Statement October 2018 November 2018 Total Data Table - Operating income October 2.000 units 2,500 units November 2.600 units 2.500 units Requirement 2b. Prepare monthly income statements for October and November, incluang $ 11 $ 11 Production Variable manufacturing cost per game Sales commission cost per game Total fored manufacturing overhead Totalfoved selling and administrative costs 5 Game Play Variable Costing Income Statement October 2010 November 2010 5 12,500 Total 12,500 9,000 9.000 Print Done Operating income Requirement. Determine the balance in Finished Goods inventory on October 31 and November 30 under absorption costing and variable costing Compare the diferences in inventory bata November 30, 2018 October 31, 2018 Absorption Variable costing costing Variable Absorption costing cosind Finished Goods Inventory

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