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Question 2 (8 points) Sylvester Company manufactures a very popular product called the Tweety. Information on 2020's total production of 2,000 Tweetys is as follows:

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Question 2 (8 points) Sylvester Company manufactures a very popular product called the Tweety. Information on 2020's total production of 2,000 Tweetys is as follows: Direct materials $416,000 Direct labor 88,000 Variable overhead 64,000 Fixed overhead 96,000 Total manufacturing $664,000 costs Sylvester also incurred variable selling and administrative costs of $20 per unit sold and fixed selling and administrative costs totaling $106,000. During 2019 Sylvester sold 1,800 Tweetys for $500 each. Calculate the following items for Sylvester's VARIABLE COSTING income statement: 1. $168 2. $196 3. $216 4. $284 5 $304 1. $168 2. $196 3. $216 4. $284 5. $304 Operating income 6. $332 Contribution margin per unit 7. $150,800 ODOOD Total contribution margin 8. $186,800 9. $190,000 Total variable cost per unit 10. $302,400 Total sales 11. $352,800 12. $388,800 LOTILI IDULIUI 11101 111 PCI unit 7. $150,800 Total contribution margin 8. $186,800 DDE Total variable cost per unit 9. $190,000 10. $302,400 Total sales 11. $352,800 12. $388,800 13. $392,000 14. $900,000 15. $1,000,000

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