Question
Sales $ 350,000 Cost of Goods Sold 182.000 Gross Margin 168,000 Operating Cost: Fixed marketing Cost $160,000 Variable Marketing Cost 7.000 167.000 ^ 1.000 Additional
Sales $ 350,000
Cost of Goods Sold 182.000
Gross Margin 168,000
Operating Cost:
Fixed marketing Cost $160,000
Variable Marketing Cost 7.000 167.000
^ 1.000
Additional Information's:
Unites Produced 8,000 Units
Unites Sold 7,000 Units
Fixed manufacturing overhead Incurred for the period. $80,000
Required:
Prepare an income statement under variable costing method.
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Auditing Theory And Practice
Authors: Jerry R. Strawser, Robert H. Strawser, Roger H. Hermanson
9th Edition
0873939336, 9780873939331
