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Ober Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 120 Units in
Ober Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 120 Units in beginning inventory Units produced 8,900 Units sold 8, 400 Units in ending inventory 500 Variable costs per unit: Direct materials $ 38 Direct labor $ 36 Variable manufacturing overhead $ 6 Variable selling and administrative expense $ 9 Fixed costs: Fixed manufacturing overhead $ 151, 300 Fixed selling and administrative expense $ 109, 200 Required: a. Prepare a contribution format income statement for the month using variable costing. b. Prepare an income statement for the month using absorption costing.tion i Saved b. Prepare a schedule for each month showing budgeted cash receipts for Tilson Corporation. Complete this question by entering your answers in the tabs below. Required A Required B Prepare a schedule for each month showing budgeted cash disbursements for Tilson Corporation. April May June Production cost Cash disbursement. Production costs this month (30%) Production costs prior month (70.0%) Selling and administrative Total disbursements Required B >b. Prepare a schedule for each month showing budgeted cash receipts for Tilson Corporation. Complete this question by entering your answers in the tabs below. Required A Required B Prepare a schedule for each month showing budgeted cash receipts for Tilson Corporation. April May June Total sales Cash receipts: February sales March sales April sales May sales June sales Total receipts
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