QESOR (5) MARIMRELLA MALLISSA Company manufactures and sells a single product. The following its were incurred during the company's best year of operations Variable custa per unit Manufacturing Direct materials Direct about Variable manufacturing overhead Variable selling and administrative Fixed costs per year Fixed manufacturing overhead Fixed selling and administrative expense 12 3 5 200,000 110.000 During the year, the company produced 25,000 units and sold 21,000 units. The selling price of the company's product is $65 per unit Required: 1. Assume that the company uses absorption costing a Compute the unit product cost (5 marks) Answer DM + DL + Variable manufacturing overhead+ Fixed manufacturing overhead - 25+ 12+3+ 200,000/25000 = 48 Activ Go to English (US) Text Predictions: On An A 1 Ache company is abortion og a. Com the aut product cost (5) AY DM OL.Vare manualuring overheaded manufacturing overhead = 25. 12:34 200.0002500048 Prepare an income statement for the year (8 marks) Absorption Costing Income Statement Sales Cost of goods sold Beginning inventory Add Cost of goods manufactured Goods available for sale Less Ending inventory Gross margin Selling and administrative expenses Operating income Footer Astvate Windows So Settings to activate 100% + Give to English (US) Text Predictions: On Det 105 2. Se me company es variante conting & Compute the nuit product cost marks) Prepare an income statement for the year (10 martes) Variable Costing Income Statement Sales Variable expenses Variable cost of goods sold Beginning inventory Add Variable manufacturing costs Goods available for sale Less Ending inventory Variable cost of goods sold Variable selling expense Activate Windows Co to Settle Wind 100% + Give Feedbac BY English (US) Test Predictions on 23