Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please show all of your work step by step Pentucket Computer Company manufactures personal computers and tablets. Based on the latest information from the cost
please show all of your work step by step Pentucket Computer Company manufactures personal computers and tablets. Based on the latest information from the cost accountant, using the current sales mix, the weighted-average sales price per unit is 5720 and the weighed-average variable cost per unit is $432. The company does not expect the sales mix to vary for the next year. Assume the beginning balance in Finished Goods Inventory is $0 Additional data for the first month of 2020 Click the icon to view the data) Read the requirements Requirement 1. Compute the product cost per unit produced under absorption costing and under variable costing Start by computing the product cost per unit produced under absorption costing (Only complete the necessary input fields. If an input field is not used in the table leave the input field empty, do not select a label or enter a zero Round all amounts to the nearest cent, XXX) Absorption Costing Total unit product cost Data Table 1 January 2020 Units produced and sold Sales Production Variable manufacturing cost per unit Sales commission cost per unit Total fixed manufacturing overhead Total fixed selling and administrative costs 1,290 units 1,300 units 432 28 102.440 50.200 1. Compute the product cost per unit produced under absorption costing and under variable costing 2. Prepare income statements for January 2020 using: a. absorption costing. b. variable costing. 3. Is operating income higher under absorption costing or variable costing in January? What causes the difference
please show all of your work step by step
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started