question 5 part 1

Suppose that during Apri, VitaSport produces 12,500 cases of powdered drink mix and sells 14,500 cases. Sal variable cost per case, and total fixed expenses remain the same as in March. 1. Prepare the April income statement under absorption costing. 2. Is absorption costing income higher or lower than variable costing income? Explain 3. Reconcile the difference between the absorption costing income statement and the variable costing income statement Requirement 1. Prepare the April income statement under abonrntinn moting Suppose that during April, VitaSport produces 12,500 cases of powdered drink mix and sells 14,500 cases. Sale price, variable cost per case, and total fixed expenses remain the same as in March. 1. Prepare the April income statement under absorption costing. 2. Is absorption costing income higher or lower than variable costing income? Explain 3. Reconcile the difference between the absorption costing income statement and the variable costing income statement Requirement 1. Prepare the April income statement 19 Suppose that during Apri, VitaSport produces 12,500 cases of powdered drink mix and sells 14,500 cases. Sal variable cost per case, and total fixed expenses remain the same as in March. 1. Prepare the April income statement under absorption costing. 2. Is absorption costing income higher or lower than variable costing income? Explain 3. Reconcile the difference between the absorption costing income statement and the variable costing income statement Requirement 1. Prepare the April income statement under abonrntinn moting Suppose that during April, VitaSport produces 12,500 cases of powdered drink mix and sells 14,500 cases. Sale price, variable cost per case, and total fixed expenses remain the same as in March. 1. Prepare the April income statement under absorption costing. 2. Is absorption costing income higher or lower than variable costing income? Explain 3. Reconcile the difference between the absorption costing income statement and the variable costing income statement Requirement 1. Prepare the April income statement 19