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please show the detail of calculation P21-28A (similar to) Question Help Arcade Away manufactures video games that it sells for $41 each. The company uses
please show the detail of calculation
P21-28A (similar to) Question Help Arcade Away manufactures video games that it sells for $41 each. The company uses a fixed manufacturing overhead allocation rate of $6 per game. Assume all costs and production levels are exactly as planned. The following data are from Arcade Away's first two months in business during 2018: E (Click the icon to view the data.) Read the requirements. October 2018 November 2018 Absorption Variable Variable Absorption costing costing costing costing Total product cost per game $ 20 $ 14 $ 20 $ 14 Requirement 2a. Prepare monthly income statements for October and November, including columns for each month and a total column, using absorption costing. Arcade Away Absorption Costing Income Statement October 2018 November 2018 Total Net Sales Revenue Cost of Goods Sold Gross Profit Selling and Administrative Costs Operating Income Choose from any list or enter any number in the input fields and then click Check Answer. P21-28A (similar to) Question Help Arcade Away manufactures video games that it sells for $41 each. The company uses a fixed manufacturing overhead allocation rate of $6 per game. Assume all costs and production levels are exactly as planned. The following data are from Arcade Away's first two months in business during 2018: E (Click the icon to view the data.) Read the requirements. October 2018 November 2018 Absorption Variable Variable Absorption costing costing costing costing Total product cost per game $ 20 $ 14 $ 20 $ 14 Requirement 2a. Prepare monthly income statements for October and November, including columns for each month and a total column, using absorption costing. Arcade Away Absorption Costing Income Statement October 2018 November 2018 Total Net Sales Revenue Cost of Goods Sold Gross Profit Selling and Administrative Costs Operating Income Choose from any list or enter any number in the input fields and then click CheckStep by Step Solution
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