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please help me calculate cost of goods sold for year 2 using absorption costing. 3. Reconcile the difference between varisble costing and absorption costing not
please help me calculate cost of goods sold for year 2 using absorption costing. 3. Reconcile the difference between varisble costing and absorption costing not operating income in Year 1 . Answer is not complete. Complete this question by entering your ankwers in the tabs below. calcuheforts to 2 deorrai praces) Walsh Company manufactures and sells one product. The following information pertains to each of the companys first two years operations: Dunitig its fist yeot of operations, Walsh produced 50,000 units and sold 40,000 units, During its second yearcof eperations, it produced 40,000 unts and sald 50,000 units. The seling price of the company's produst is $52 per unit. Required: 1. Assume the company uses variable costing: b. Compule the unit product cost for Year fand Year 2 b. piepare an inctine statement for Year 1 ond Year 2 . 2. Assume the company uses absomion costing. A. Compute the unit product cost for Year 1 and Yoar 2. 6. Prepare in income statement for Year 1 and Year 2 3. Pesencile the difference between variable costing and absorption costing net operating income in Year 1. Answer is nat comptete. Compilete this question by entering your answers in the tabs below. 3. Reconcile the difference between varisble costing and absorption costing not operating income in Year 1 . Answer is not complete. Complete this question by entering your ankwers in the tabs below. calcuheforts to 2 deorrai praces)
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