part 1

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part 2

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Operavons Fixed costa per Tour: Pixed manufacturing overhead Fixed selling and administrative During its first year of operations, Walsh produced 50.000 units and sold 40,000 units. During its second year of operations, it produced 40.000 unts and sold 50,000 units. The selling price of the company's product is $57 per unit. Required 1. Assume the company uses variable costing a. Compute the unit product cost for Year 1 and Year 2. b. Prepare an income statement for Year 1 and Year 2. 2. Assume the company uses absorption costing a. Compute the unit product cost for Yeart and Year 2 b. Prepare an income statement for Year 1 and Year 2. 3. Reconcile the difference between variable costing and absorption costing net operating income in Year 1. Complete this question by entering your answers in the tabs below. Reg A Real RNA ZA Rec 28 Red Alguma the company uses variable costing, Compute the unit product cost for year 1 and year 2. You 1 Your Ut productos Walsh Company manufactures and sells one product. The following information pertains to each of the company's first two years of operations was able Lling RIBBEBES Fized in and distrative expenses During its first year of operations, Walsh produced 50 000 units and sold 40.000 units. During its second year of operations, it produced 40.000 units and sold 50.000 units. The selling price of the company's product is $57 per unit. Required: 1 Assume the company uses variable costing a. Compute the unit product cost for Year 1 and Year 2 b. Prepare an income statement for Year 1 and Year 2 2. Assume the company uses absorption costing a. Compute the unit product cost for Year 1 and Year 2. b. Prepare an income statement for Year 1 and Year 2 3. Reconcile the difference between variable costing and absorption costing net operating income in Year 1 Complete this question by Intering your answers in the tabs below. Reg 1A Raq 18 RA H Req Assume the company uses absorption costing, Compute the unit product cost for Year 1 and Year 2. (Round your answerte 2 decimal places) Yew You Unt productos Walsh Company manufactures and sells one product. The following information pertains to each of the company's first two years of operations watable sets and winistrative During its first year of operations, warish produced 50,000 units and sold 40,000 units. During its second year of operations, produced 40.000 units and sold 50.000 units. The selling price of the company's product is 557 per unit 1. Assume the company uses variable costing a Compute the unit product cost for Year 1 and Year 2. h. Prepare an income statement for Year 1 and Year 2. 2. Assume the company uses absorption costing a. Compute the unit product cost for Year 1 and Year 2 b. Prepare an income statement for Yeart and Year? 3. Reconcile the difference between variable casting and absorption casting net operating income in Year Complete this question by entering your answers in the tabs below. Rec Raqi A R28 Assume the company uses absorption costing Prepare an income statement for Year 1 and Year calculations to 2 decimal places) d your termediate A Walsh Company manufactures and sells one product. The following information pertains to each of the company's first two years of operations: Variable eests per unit: Faceed During its first year of operations, Walth produced 50 000 units and sold 40.000 units. During its second year of operations, produced 40.000 units and sold 50.000 units. The selling price of the company's product is $57 per unit Required: 1. Assume the company uses variable costing a Compute the unit product cost for Year 1 and Year 2 b. Prepare an income statement for Year 1 and Year 2 2. Assume the company uses absorption costing: a Compute the unit product cost for Year 1 and Year 2 b. Prepare an income statement for Year 1 and Year 2 3. Reconcile the difference between variable casting and absorption costing net operating income in Year 1. Complete this question by entering your answers in the tabs below. Ret Re Red 2A 2B Reco Recondle the difference between variable conting and absorption costing net operating income in Year 1. Enter any losses or deductions as a negative value) Yeart Year Varicosting na parang income Absorption costing at operating in Crossfire Company segments its business into two regions-East and West. The company prepared a contribution format segmented income statement as shown below 55D, DDD 150.000 Variable expenses Contribution margin Traceable fixed expenses Seynatmargin Come fixed expenses Net operating income $ 65,000 Required: 1 Compute the companywide break-even point in dollar sales 2. Compute the break-even point in dollar sales for the East region. 3. Compute the break-even point in dollar sales for the West region. 4. Prepare a new segmented income statement based on the break-even dollar sales that you computed in requirements 2 and 3 Use the same format as shown above. What is Crossfire's net operating income foss) in your new segmented income statement? 5. Do you think that Crossfire should allocate its common fixed expenses to the East and West regions when computing the break even points for each region? Complete this question by entering your answers in the tabs below. Reg 1 to Reg 4 1. Compute the companywide break-even point in dollar sales. 2. Compute the break even point in dollar sales for the East region. 3. Compute the break even point in dollar sales for the West region. (Round intermediate calculations to 2 decimal places) Break Even point Dollar sales for the whole company Dollar sales for the East region Dollar sates for the West region Crossfire Company segments its business into two regions-East and West. The company prepared a contribution format segmented income statement as shown below: $750,000 $SOD.DD 5 230,000 Variable expenses 35,000 Con fixed e Required: 1. Compute the companywide break even point in dollar sales 2. Compute the break even point in dollar sales for the East region. 3. Compute the break even point in dollar sales for the West region. 4. Prepare a new segmented income statement based on the break even dollar sales that you computed in requirements 2 and 3 Use the same format as shown above. What is Crossfire's net operating income poss) in your new segmented income statement? 5. Do you think that Crossfire should allocate its common fred expenses to the East and West regions when computing the break even points for each region? Complete this question by entering your answers in the tabs below Prepare a new segmented income statement based on the break-even dollar sales that you computed in requirements 2 and 3. Use the same format as shown above. What is Crossfire's net operating income (loss) in your new segmente income statement? Total Company East West ( Req113 Crossfire Company segments its business into two regions-East and West. The company prepared a contribution format segmented income statement as shown below: Total Company $ 750,000 525,000 225,000 140,000 Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income East $ 500,000 375,000 125,000 60,000 65,000 West $ 250,000 150,000 100,000 80,000 $ 20,000 85,000 70,000 15,000 $ Required: 1. Compute the companywide break-even point in dollar sales 2. Compute the break-even point in dollar sales for the East region. 3. Compute the break-even point in dollar sales for the West region. 4. Prepare a new segmented income statement based on the break-even dollar sales that you computed in requirements 2 and 3. Use the same format as shown above. What is Crossfire's net operating income (loss) in your new segmented income statement? 5. Do you think that Crossfire should allocate its common fixed expenses to the East and West regions when computing the break- even points for each region? Complete this question by entering your answers in the tabs below. Reg 1 to 3 Reg 4 Reg 5 Do you think that Crossfire should allocate its common fixed expenses to the East and West regions when computing the break-even points for each region? Yes TONO