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Sam Barnold Company produces a single product called INT6, this company has provided the following data concerning its most recent month of operations: Selling price

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Sam Barnold Company produces a single product called INT6, this company has provided the following data concerning its most recent month of operations: Selling price 130 Units in beginning inventory 395 Units produced Units sold 6,720 6,870 Units in ending inventory 245 Variable costs per unit: Direot materials 48 Direct labor $ 21 Variable manufacturing overhead 5 Variable selling and administrative expense 19 Fixed costs: Fixed manufacturing overhead $147,840 Fixed selling and administrative expense $103,050 3 $ The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total fixed costs have been constant from month to month. Required: a. Prepare a contribution format income statement for the month using variable costing. b. Prepare an income statement for the month using absorption costing Required: a. Prepare a contribution format income statement for the month using variable costing. b. Prepare an income statement for the month using absorption costing. Complete this question by entering your answers in the tabs below. Required A Required B Prepare a contribution format income statement for the month using variable costing. Variable Costing Income Statement Variable expenses Fixed expenses (Required A Required B > Required: a. Prepare a contribution format income statement for the month using variable costing. b. Prepare an income statement for the month using absorption costing. Complete this question by entering your answers in the tabs below. Required A Required B Prepare an income statement for the month using absorption costing. Absorption Costing Income Statement

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