Problem 6-22 Variable Costing Income Statements; Income Reconciliation

C.Secure | https. Ch 6 Assignment 4 Problem 6-22 Variable Costing Income Statements; Income Reconciliation [L06-1, LO6-2, LO6-3] Denton Company manufactures and sells a single product Cost data for the product are given veriable selling and adeinistrative Total variable cast per unit s 72,000 ixed manufacturing averhead PLxed selling and adeinistrative References The product sells for $45 per unit Production and sales data for July and August, the Sirst two months of operations, follow Aupust24,028,00 The company's Accounting Department has prepared the following absorption costing income stlements for July and August Cest of gpods sold Selling and aninistretive expenses Net operating incone Required 1 Determine the unit product cost under b Variable costing 2 Prepare contribution format variable costing income statements for July and August 3 Reconcile the variable costing and absorption costing net operating incomes ption costing DOLL