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Please help me!Thank you! Seattle, Inc., planned and actually manufactured 240.000 units of its single product in 2017, its first year of operation Variable manufacturing
Please help me!Thank you!
Seattle, Inc., planned and actually manufactured 240.000 units of its single product in 2017, its first year of operation Variable manufacturing cost was $21 per unit produced. Variable operating (nonmanufacturing) cost was $8 per unit sold. Planned and actual foxed manufacturing costs were $720,000. Planned and actual fixed operating (nonmanufacturing costs totaled $390,000. Seattle sold 160,000 units of product at $42 per unit Read the requirements! Review Only Click the icon to see the worked Solution. Requirement 1. Seattle's 2017 operating income using absorption costing is (a) $1,210,000. (b) $970,000. (c) 51,360,000, (d) $1,600,000, or (e) none of these. Show supporting calculations Begin by selecting the labels used in the absorption costing calculation of operating income and enter the supporting amounts. Perform the calculations in this step, but select the correct operating income in the next step. (For mounts with a $0 balance, make sure to enter in the appropriate cell.) Absorption costing (10) Operating income Seattle's 2017 operating income using absorption costing is A $1.210.000 OB. $970,000 OC. $1,360,000 : 808/988 Requirement 2. Seattle's 2017 operating income using variable costing is (a) $1,690,000. (b) $1,210,000. (c) 5970,000. (d) $1,300,000, or (e) none of these Show supporting calculations Begin by selecting the labels used in the variable costing calculation of operating income and enter the supporting amounts Perform the calculations in this step, but select the correct operating income in the next step. (For amounts with a so balance, make sure to enter in the appropriate coll) Variable costing (12) (13) (17 (19) (20) (21) (22) Operating income Seattle's 2017 operating income using variable costing is O A. $1,690,000 OB. $1.210,000 OC. $970,000 D. $1,360,000 E none of those 1: Requirements Step by Step Solution
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