PRINTER VERSION BACK Question 1 Fresh Air Products manufactures and sells a variety of camping products. Recently the company opened a new plant to manufacture a deluxe portable cooking unit. Cost and sales data for the first month of operations are shown below: O units 10,900 8,900 Beginning inventory Units produced Units sold Manufacturing costs Fixed overhead Variable overhead Direct labour Direct material Selling and administrative costs Fixed Variable $109,000 $7 per unit $10 per unit $29 per unit $196,000 $3 per unit sold The portable cooking unit sells for $111. Management is interested in the opening month's results and has asked for an income statement. Assuming the company uses absorption costing: Your answer is correct. Calculate the manufacturing cost per unit. Manufacturing cost 560 per unit SHOW SOLUTION LINK TO TEXT LINK TO TEXT Attempts: 2 of 3 used (b) Prepare an absorption-costing income statement for the first month of operation, Attempts: 2 of 3 used (b) Prepare an absorption-costing income statement for the first month of operation. Fresh Air Products Income Statement-Absorption Costing For the first month of operations $ $ LINK TO TEXT LINK TO TEXT Attempts: 0 of 3 used