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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 Units in beginning inventory
Ober Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead $ Fixed selling and administrative expense $ $ $ $ $ $ $ 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. Complete this question by entering your answers in the tabs below. Required Required B Prepare a contribution format income statement for the month using variable costing. tableVariable Costing Income Statement,Variable expenses:,,
Ober Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
Selling price
Units in beginning inventory
Units produced
Units sold
Units in ending inventory
Variable costs per unit:
Direct materials
Direct labor
Variable manufacturing overhead
Variable selling and administrative expense
Fixed costs:
Fixed manufacturing overhead $
Fixed selling and administrative expense
$
$
$
$
$
$
$
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.
Complete this question by entering your answers in the tabs below.
Required
Required B
Prepare a contribution format income statement for the month using variable costing.
tableVariable Costing Income Statement,Variable expenses:,,
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