Question
Please only answer if you can help with all of it. Thank you. Sonic produces and sells a product with the following information: Unit selling
Please only answer if you can help with all of it. Thank you. Sonic produces and sells a product with the following information:
Unit selling price $110 per unit
Unit variable production costs:
Direct materials $30 per unit
Direct labor $12 per unit
Variable overhead $3 per unit
Fixed production costs $140,000 total
Variable selling costs $4 per unit
Fixed selling costs $200,000 total A: If 10,000 units are produced and 9,000 units sold. What is the amount of absorption costing net income? B: Then what would be the variable costing net income? C: Explain the difference between absorption costing (9,000 sold) and variable costing from 10,000 provided. D: If 10,000 were produced and 10,000 sold what is the dollar amount of absorption costing net income? E: If 10,000 sold and 10,000 were made. What is the dollar amount variable costing net income? F: If 10,000 were sold and 10,000 were produced, explain any difference in absorption and variable costing net income G: If 10,000 units are produced and 12,000 units are sold, what is the dollar amount of absorption costing net income? H: If 10,000 units are produced and 12,000 units are sold, what is the dollar amount of variable costing net income? I: If 10,000 were produced and 12,000 were sold, explain any difference in absorption and variable costing net income?
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