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Organic, Inc. has collected the following data for November (there are no beginning inventories): (Click the icon to view the data.) Read the requirements
Organic, Inc. has collected the following data for November (there are no beginning inventories): (Click the icon to view the data.) Read the requirements Requirement 1. Using absorption costing, calculate the unit product cost. (Round your final answer to the nearest cent.) Unit product cost Absorption costing Requirement 2. Prepare an income statement using the traditional format Organic, Inc. Income Statement (Absorption Costing) For the Month Ended November 30 Data table Units produced and sold Sales price Operating Income 800 units $475 per unit Variable manufacturing overhead Direct materials Direct labor Fixed manufacturing overhead Variable selling and administrative costs 69 per unit 80 per unit 20 per unt 12.800 per month Fixed selling and administrative costs 55 per unit 4,675 per month Print Done
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