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Question: Horizon Company Has $25 Per Unit Selling Price, S8.00 Per... Horizon company has $25 per unit selling price, 58.00 per unit in variable production

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Question: Horizon Company Has $25 Per Unit Selling Price, S8.00 Per... Horizon company has $25 per unit selling price, 58.00 per unit in variable production cost and S1.00 per unit in variable selling and administrative cost. The annual fixed production cost is $400,000. The annual fixed selling and administrative cost is $50,000. Required: a. Complete the table below for each year. Assume a FIFO flow. 2017 2018 2019 2020 Units Produced 120,000 150,000 100,000 100,000 Units Sold 110,000 120,000 140,000 100,000 Manufacturing cost per unit under full absorption costing Operating Income under variable costing Operating income under full absorption costing Ending inventory using variable costing (S) Ending invento w your results in requirement a above diffe osting and full absorption costing This problem has been solved! See the answer Question: Horizon Company Has $25 Per Unit Selling Price, S8.00 Per... Horizon company has $25 per unit selling price, 58.00 per unit in variable production cost and S1.00 per unit in variable selling and administrative cost. The annual fixed production cost is $400,000. The annual fixed selling and administrative cost is $50,000. Required: a. Complete the table below for each year. Assume a FIFO flow. 2017 2018 2019 2020 Units Produced 120,000 150,000 100,000 100,000 Units Sold 110,000 120,000 140,000 100,000 Manufacturing cost per unit under full absorption costing Operating Income under variable costing Operating income under full absorption costing Ending inventory using variable costing (S) Ending invento w your results in requirement a above diffe osting and full absorption costing This problem has been solved! See the

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