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c D G H o Q R 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 March 1,700,000 1,501,563 173,000 157,103 March 1,700,000 277, 64,000 341-500 1,358, 317, variable selling & admin per unit variable cost per unit fixed selling & admin fixed manufacturing overhead fixed direct labor production (in units) [5] cost of production Absorption costing cost per unit [1] Variable costing cost per unit [2] beginning inventory less inventory sold ending inventory January 0.20 5.45 133,000 /month 317,500 /month 80,000 /month s 1 8,340 March w x Insert formulas and cell references into the " Selected Financial Data - Muesli AG Sales Cost of Goods Sold Gross Margin Selling and Administrative Expenses: Net Income Balance in Finished Goods Inventory Contribution Margin Format Income Statement Net Income using Variable Costing [3] Sales Variable Expenses: Variable Cost of Goods Sold Variable Selling & Administration Expenses Total Variable Expenses Contribution Margin Fixed Expenses: Fixed Manufacturing Expenses Fixed Selling & Administrative Expenses Net Income Balance in Finished Goods Inventory old" cells below. January 1,700,000 357.778 1,347,222 173,000 44,097 January 1,700,000 417,500 36,000 453.500 1,246,500 397,500 133 000 141,250 February 1,700,000 797647 1,402,353 173,000 57,059 February 1,700,000 384,160 42,668 1,273,172 317,500 January 180,000 1,378,500 1.76 5.65 45,000 200,000 25,000 February 213,340 1,560,203 1.49 25,000 200,000 38,340 March 320,000 2,141,500 0.99 38,340 200,000 158,340 Absorption Costing vs. Variable Costing at Muesli AG 133,000 133, 0 ENDING INVENTORY LEVELS (QUANTITY ON HAND) 25,00 0 January February ebruary Ma rch Net ncomeusingAbsorption Costing Net Income using Variable Costing
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