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please help me complete the rest of these problems. what is there is right so far. Ch 19 Homework Saved 4 Required information Exercise 19-9

please help me complete the rest of these problems. what is there is right so far. image text in transcribed
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Ch 19 Homework Saved 4 Required information Exercise 19-9 Income statement under absorption costing and varlable costing LO P1, P2 The following information applies to the questions displayed below] Part 4 of 4 Cool Sky reports the following costing data on ts product for its first year of operations. Durng this first year, the company produced 44,000 units and sold 36.000 units at a price of $140 per unit. 166 points Manufacturing costs Direct materlals per unit Direct labor per unit Variable overhead per unit Fixed overhead for the year Selling and adninistrative costs Variable selling and adninistrative cost per unit Fixed selling and adeinistrative cost per year 60 22 8 $ 528,000 eBook 11 $ 105,000 Hint Exercise 19-9 Part 2b Prit 2b. Assume the company uses vartable costing. Prepare Its income statement for the year under vartable costing Rele ences COOL SKY Variable Costing Income Statement $ 6040,000 Less Variable costs Variable selling and administrative expenses Variable product costs Net income (oss Ch 19 Homework Seved 2 The following information applies to the questions displayed below] Cool Sky reports the following costing data on ts product for its first yoar of operations. During this first year, the company produced 44,000 units and sold 36,000 units at a price of $140 per unit. Part 2 or 4 Manufacturing costs Direct eaterlals per unit Direct labor per unit Varlable overhead per unit Fixed overhead for the year Selling and admindstrative costs Variable selling and adeinistrative cost per unit Fised selling and adeinlstrative cost per year 166 points 22 $ 528,000 11 $1e5,000 e8ook Exercise 19-9 Part 1b 1b. Assume the company uses absorption costing. Prepare ts Income statement for the year under absorption costing. Print COOL SKY Absorption Costing Income Statement eleences Sales $ 5.040 000 Direct materials Direct labor Variabla overhead costs Fixed overhead costs Cost of goods sold Gros margin 1.300 000 Variabe sellng and adminiatraive axpenses Foad selng and administrative costs Tetal selng and adminstative penses Nat roomelcss 300 000 0 000 S01.000 S97.000

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