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Please solve ASAP 11:43 o Assignment Variabl... Assignment Selected data for Babar Lid of past year of operations are presented below Product X Production in
Please solve ASAP
11:43 o Assignment Variabl... Assignment Selected data for Babar Lid of past year of operations are presented below Product X Production in units] 2500 Sales ( in units 2000 Selling price $20.00 Manufacturing cost Raw Materials [8] S 8000 Salaries of direct labour[S] S 8400 Variable overhead S 2400 Fixed overhead S 4000 Non manufacturing cost Variable selling S 8000 Fixed selling cost S 3500 Ending Inventory REQUIRED 1. Calculate product cost of product X using variable cost. 2. Calculate variable cost of goods for the year 3. Find the variable-costing net income 4. Calculate product cost of product X using absorption cost .. 5. Calculate cost of goods for the year using absorption method 6. Find the net income using absorption method $ 740Step by Step Solution
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