omework: CH 6 HV core: 4.05 of 5 pts MN Score: 90.54%,9.05 of 10 pts E6-61B (similar to) 1. Prepare both convertional(absorption costing) and contribution margin (ariabie costing) income statements for Swimmar for the year 245.000 Fixed operating expenses Absorption costing operaing income is than varatie codting operating inoome This is because asoption cotin of fixed manufactuting ovethead as an asset in ending inventory In contrast,aable coing penses he fxnd manufacturing overhead during the yea Variable costing expenses costing income the yea the saies promation conventional (absorption costing) and contribution margin (variable costing) income staemants for Seimmer for the year Swimmer Contribution Margin (Variable Costing) Income Statement tab Score: 4.05 of 5 pts E6-61B (similar to) Question Help Prepare both conventional (absorption coting) and contribution margin (yarlable oosing) income eronts for Simer for the year 3. The company marknting vice president believes a new salos promation that coss ahead with Income Statement (Absorption Costing Margin (Variable 2 ming goggles (the company had no beginning inventory): in (variable costing) income statements for Swimmer for the year. n that costs $155,000 would increase sales to 230,000 goggles. Should the company go ahead wi tribution marg Data Table with the conve 42 Sales price Variable manufacturing expense per unit Sales commission expense per unit$ Fixed manufacturing overhead ..... Fixed operating expenses Number of goggles produced Number of goggles sold 16 $ 2,760,000 $245,000 230,000 212,000 ement for Swin Print Done Clear All MacBook Air