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Newman, Inc. has collected the following data for November (there are no beginning inventories) (Click the icon to view the data.) Read the requirements Variable
Newman, Inc. has collected the following data for November (there are no beginning inventories) (Click the icon to view the data.) Read the requirements Variable costing Data Table Unit product cost Requirement 2. Prepare an income statement using the contribution margin format. 600 units Newman, Inc. Income Statement (Variable Costing) For the Month Ended November 30 Units produced and sold Sales price Direct materials Direct labor Variable manufacturing overhead 425 per unit 42 per unit 64 per unit 20 per unit 11,400 per month 50 per unit 4,675 per month Fixed manufacturing overhead Variable selling and administrative costs Fixed selling and administrative costs i Requirements 1. 2. Using variable costing, calculate the unit product cost. Prepare an income statement using the contribution margin format. Operating Income Choose from any list or enter any number in the input fields and then continue to the next q Print Done
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