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plx help my cost accounting The following information is available for years 1 to 6 for the Sunshine Company: The company produces only one product.
plx help my cost accounting The following information is available for years 1 to 6 for the Sunshine Company: The company produces only one product. Budgeted activity is expected to average 150,000 units per annum and production and sales for each year are as follows: There were no opening stocks at the start of year 1 , and the actual fixed manufacturing costs incurred was $300,000 per annum. It is also noted that selling and administrative expenses are $100,000 per annum. Allocation based for fixed manufacturing costs is on 150,000 units. Required: a. Construct an income statement under absorption costing method for years 1 to 6. (48 marks) b. Derive the Sunshine's operating income under variable costing method by using RECONCILIATION for each of its six years of operation. (12 marks) c. Comment on the results of part a \& b for the year 2 and 6 . (10 marks) The following information is available for years 1 to 6 for the Sunshine Company: The company produces only one product. Budgeted activity is expected to average 150,000 units per annum and production and sales for each year are as follows: There were no opening stocks at the start of year 1 , and the actual fixed manufacturing costs incurred was $300,000 per annum. It is also noted that selling and administrative expenses are $100,000 per annum. Allocation based for fixed manufacturing costs is on 150,000 units. Required: a. Construct an income statement under absorption costing method for years 1 to 6. (48 marks) b. Derive the Sunshine's operating income under variable costing method by using RECONCILIATION for each of its six years of operation. (12 marks) c. Comment on the results of part a \& b for the year 2 and 6 . (10 marks)
plx help my cost accounting
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