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Please show ALL working a) Calculate the following Limonade i) The total cost per unit ii) The value of ending inventories using marginal costing iii)
Please show ALL working
a) Calculate the following Limonade
i) The total cost per unit
ii) The value of ending inventories using marginal costing
iii) The value of ending inventories using total costing
b) Prepare the April income statement using varibale costing
Question 1 Limonade produced 11,000 cases of powdered drink nix and sold 10,000 cases in April 2010. The sale price was $25, variable costs were $10 per case ($8 manufacturing and $2 selling & adninistrative) and total fixed costs were $75,000 ($55,000 manufacturing and $20,000 selling & administrative). The company had no beginning inventory. Prepare the April inco statenent using variable costing
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