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Salem Screen Corporation manufactures and sells 50 -inch television sets and uses standard The variable manufacturing costs per unit of Salem Screen Corporation are as follows: costing. Actual data relating to January, February, and March 2020 are as follows: (Click the icon to view the variable manufacturing cost data.) (Click the icon to view the actual data.) Salem Screen prepared the following income statements under variable costing and The selling price per unit is $3,600. The budgeted level of production used to calculate the absorption costing. budgeted fixed manufacturing cost per unit is 1,000 units. There are no price, efficiency, or (Click the icon to view the variable costing statement.) spending variances. Any production-volume variance is written off to cost of goods sold in the month in which it occurs. (Click the icon to view the absorption costing statement.) Read the Requirement 1. Prepare income statements for Salem Screen in January, February, and March 2020 under throughput costing. Begin by completing the top portion of the statement, then the bottom portion. (Enter a "0" for any zero balance accounts.) Data table Variable costing income statement Absorption costing income statement Requirements 1. Prepare income statements for Salem Screen in January, February, and March 2020 under throughput costing. 2. Contrast the results in requirement 1 with the operating income results under variable costing and absorption costing. 3. Give one motivation for Salem Screen to adopt throughput costing. Salem Screen Corporation manufactures and sells 50 -inch television sets and uses standard The variable manufacturing costs per unit of Salem Screen Corporation are as follows: costing. Actual data relating to January, February, and March 2020 are as follows: (Click the icon to view the variable manufacturing cost data.) (Click the icon to view the actual data.) Salem Screen prepared the following income statements under variable costing and The selling price per unit is $3,600. The budgeted level of production used to calculate the absorption costing. budgeted fixed manufacturing cost per unit is 1,000 units. There are no price, efficiency, or (Click the icon to view the variable costing statement.) spending variances. Any production-volume variance is written off to cost of goods sold in the month in which it occurs. (Click the icon to view the absorption costing statement.) Read the Requirement 1. Prepare income statements for Salem Screen in January, February, and March 2020 under throughput costing. Begin by completing the top portion of the statement, then the bottom portion. (Enter a "0" for any zero balance accounts.) Data table Variable costing income statement Absorption costing income statement Requirements 1. Prepare income statements for Salem Screen in January, February, and March 2020 under throughput costing. 2. Contrast the results in requirement 1 with the operating income results under variable costing and absorption costing. 3. Give one motivation for Salem Screen to adopt throughput costing
