openve AC 222.02 Canvas Ashley Moellenhoff & 03/21/21 5:00 PM counting Homework: Chapter 21 Save HW Score: 83.77%, 33.51 of 40 pts Question Help Score: 3.88 of 6 pts 3 of 7 (7 complete %E21-12 (similar to) Mayer Company reports the following information for March Click the icon to view the data) Requirements 1. Calculate the gross proft and operating income for March using absorption costing 2. Calculate the contribution margin and operating income for March using variable costing Incorrect: 5 1/8) Requirement 1. Calculate the gross profit and operating income for March using absorption costing Meyer Company Income Statement(Absorption Costing Data Table Month Ended March 31 Sales Revenue S $3,500 Cost of Goods Sold Sales Revenue Variable Cost of Goods Sold 23400 Variable Cost of Goods Sold Fixed Coat of Goods Sold 10.500 30.900 Fixed Cost of Goods Sold Gross Profit 19.600 Variable Selling and Administrative Costs Seling and Administration Costs Feed Selling and Administrative Costs Variable Selling and Administrative Costa 9.500 4,000 Find Belting and ministrative Coats 14.400 Print Done 5200 Operating income 63.500 23,400 10.500 9,500 4.900 This question is complete Move your cursor over or tap on the red arrows to see incorrect answers All parts showing Simfer Question * AC 222-02 Canvas Ashley Moellenhoff & 03/21/21 5:01 PM ntin Homework: Chapter 21 Save Score: 3.88 of 6 pts 3 of 717 complete) HW Score: 83.77%, 33.51 of 40 pts E21-12 (similar to) Question Help Meyer Company reports the foliowing information for Masch: (Click the icon to view the data) Requirements 1. Calculate the gross profit and operating income for March using absorption coating 2. Calodate the contribution margin and operating income for March using variable costing Requirement 2. Calculate the contribution margin and operating income for March using variable costing Meyer Company Income Statement (Variable Couting Data Tablo Month Ended March 31 Sales Revenue s 53,600 Incorrecto Variable Coots Saiso Revenue $ 53,500 WB) Variable Coat of Goods Bold 5 23400 Variable Cost of Goods Sold 23.400 Variable Selling and Administrative Cost 0,500 32.000 Fixed Cost of Goods Sold 10,500 Contribution Margin 20.000 Variable Selling and Administrativo Costs 9,500 Food Costs Foad Soling and Administrative Cost 4.000 Food Cost of Goods Sold 10,500 4.900 Fixed Setting and drive Couts 15,400 Print Done 5.200 Operating Income This question is completo Move your cursor over or tap on the red arrows to so incorrect answers. Al parts showing Similar Question _