QUIZ 1 BBA 341: Managerial Accounting Duration: 30 minutes Tuesday Company produces and sells single product. Cost and other related data for the recent year are given below: Variable overhead 140.000 TL Fixed overhead Production (unit) 4.000 Unit selling price Sales (unit) 3.700 Direct labor cost Ending finished goods inventory(unit) Direct material cost 76.000 TL 160 TL 60.000 TL 200.000 TL 500 Fixed selling and administrative expenses: 36.400 TL Variable selling and administrative expenses: 5 percent of sales revenue. Profit before tax: 84.000 TL Required: Calculate the missing data and prepare a variable income statement for Tuesday company YEDTEPE QUIZ 1 BBA 341: Managerial Accounting Duration: 30 minutes Tuesday Company produces and sells single product. Cost and other related data for the recent year are given below: Variable overhead 140.000 TL Fixed overhead Production (unit) 4.000 Unit selling price Sales (unit) 3.700 Direct labor cost Ending finished goods inventory(unit) Direct material cost 76.000 TL 160 TL 60.000 TL 200.000 TL 500 Fixed selling and administrative expenses: 36.400 TL Variable selling and administrative expenses: 5 percent of sales revenue. Profit before tax: 84.000 TL Required: Calculate the missing data and prepare a variable income statement for Tuesday company YEDTEPE