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Please answer all parts! Welsh Compony manufactures one foling information pertains to each ofthe company: first two years of operetons: Variable costs per Nanufacturing: Direct
Please answer all parts!
Welsh Compony manufactures one fol"ing information pertains to each ofthe company: first two years of operetons: Variable costs per Nanufacturing: Direct material% Dircct labar Variable manufacturing Variable selling and Fixed casts per year* Fixed manufacturing overhead, Fixed zelling and, pen $ 24 $ pgee. During its first yeer of operations 'Welsh produced 50,000 units end gold 40,000 units. During its second year of operations. it' produced 40,000 units ond sow 50DP9unjts The sellin / prig. of the company& product is $59per unit; -Requlred: L Assume the company coSting Compute unit prodUct cost for Year I an veer! b. Prepare en income statement for Veer Yea;f 2, Compute unit product pst for; Year end Yearti -b' &epare an income statement forf year and Year Z 3. Reconcile tie dife$ene betweeniY"iable costing and psOrption costing net pperdng income in Year 1. question by nd Year 21, Assume Waieh Cornpeny Income tet oa'og Require Ragu'red2
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