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Need help with variable costing and absorption how to begin income statements Variable CostingSales Exceed Production The beginning inventory is 9,800 units. All of the

Need help with variable costing and absorption how to begin income statements

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Variable CostingSales Exceed Production The beginning inventory is 9,800 units. All of the units that were manufactured during the period and 9,800 units of the beginning inventory were sold. The beginning inventory xed manufacturing costs are $40 per unit, and variable manufacturing costs are $94 per unit. a. Determine whether variable costing income from operations is less than or greater than absorption costing income from operations. Variable costing income from operations is greater than absorption costing. J b. Determine the difference in variable costing and absorption costing income from operations. $:l Feedback V Check My Work a. Recall that when units manufactured exceed the units sold, the variable costing income from operations will be less than it is for absorption costing. b. Sold units of the beginning inventory x xed costs per unit = difference between variable and absorption costing income from operations Learning Objective 1

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