Requirement 2. Prepare a variable costing income statement. (Complete all input fields. Enter a 0 for any zero balance accounts. Use a minus sign or parentheses fo The V] coeting method aborbs the most cosis into inventory, followed by the costing mothod, with the inventory. As a result, based on our scenario hote where ending inventory is income, followed by the costing mothod, wah the botween the three quarten, the V. cooting method absorting the least ame T costing methed results in the highe costing method resulting in the lowest amount of net income for each of the thee cuariters. Requirement 5. Based on the information provided, which coeting methed do you believe MegaTron is currently using to caloulate the benus for the producton managar? Why? Baeed on the information provided, MegaTron is likely uning the quarter with no credible reason. Using bonus. V costing method to calculate the bonus for the production manager because inventary in If 04 sales are 71 and 24 production is 64, ending inventory would by Junits. N a fixed manufacturing cont per unit of calculated with absorpsion costing to the we would expect net income Jthan variable costing. Requirement 4. Explain the difference in the net income under each costing method. The costing method aborbs the most costs into inventory, followed by the costing method, with the costing mothod abso \\begin{tabular}{ll|l|l|} Data table & \\( -\\times \\) & Data table \\end{tabular} MegaTron produces jet bridges for many domestic and international airports. Cost information for MegaTron's jet bridges is as follows: (Click the icon to vew the cost information.) Additional information for the first three quarters of 2020 for MogaTron are shown below: (Click the jocn to view the additional information for the finst three quartion.) ne begirning inventory. Read the reauirements. Requirement 2. Prepare a variable costing income statement. (Complete all input fields. Enter a 0 for any zero balance accounts. Use a minus sign or parentheses fo The V] coeting method aborbs the most cosis into inventory, followed by the costing mothod, with the inventory. As a result, based on our scenario hote where ending inventory is income, followed by the costing mothod, wah the botween the three quarten, the V. cooting method absorting the least ame T costing methed results in the highe costing method resulting in the lowest amount of net income for each of the thee cuariters. Requirement 5. Based on the information provided, which coeting methed do you believe MegaTron is currently using to caloulate the benus for the producton managar? Why? Baeed on the information provided, MegaTron is likely uning the quarter with no credible reason. Using bonus. V costing method to calculate the bonus for the production manager because inventary in If 04 sales are 71 and 24 production is 64, ending inventory would by Junits. N a fixed manufacturing cont per unit of calculated with absorpsion costing to the we would expect net income Jthan variable costing. Requirement 4. Explain the difference in the net income under each costing method. The costing method aborbs the most costs into inventory, followed by the costing method, with the costing mothod abso \\begin{tabular}{ll|l|l|} Data table & \\( -\\times \\) & Data table \\end{tabular} MegaTron produces jet bridges for many domestic and international airports. Cost information for MegaTron's jet bridges is as follows: (Click the icon to vew the cost information.) Additional information for the first three quarters of 2020 for MogaTron are shown below: (Click the jocn to view the additional information for the finst three quartion.) ne begirning inventory. Read the reauirements
