Part 1

Part 2

Part 3

Required information [The following information applies to the questions displayed below.] Barnes Company reports the following for its product for its first year of operations. Compute total product cost per unit using absorption costing for the following production levels: (a) 2,700 units, (b) 3,000 units, and (c) 5,400 units. Required information [The following information applies to the questions displayed below.] Barnes Company reports the following for its product for its first year of operations. The company sells its product for $150 per unit. Compute gross profit using absorption costing assuming the company (a) produces and sells 2,700 units and (b) produces 3,000 units and sells 2,700 units. Required information [The following information applies to the questions displayed below.] Barnes Company reports the following for its product for its first year of operations. he company sells its product for $150 per unit. Compute contribution margin using variable costing assuming the company (a) roduces and sells 2,700 units and (b) produces 3,000 units and sells 2,700 units. Required information [The following information applies to the questions displayed below.] Barnes Company reports the following for its product for its first year of operations. Compute total product cost per unit using absorption costing for the following production levels: (a) 2,700 units, (b) 3,000 units, and (c) 5,400 units. Required information [The following information applies to the questions displayed below.] Barnes Company reports the following for its product for its first year of operations. The company sells its product for $150 per unit. Compute gross profit using absorption costing assuming the company (a) produces and sells 2,700 units and (b) produces 3,000 units and sells 2,700 units. Required information [The following information applies to the questions displayed below.] Barnes Company reports the following for its product for its first year of operations. he company sells its product for $150 per unit. Compute contribution margin using variable costing assuming the company (a) roduces and sells 2,700 units and (b) produces 3,000 units and sells 2,700 units