Save GESTIES yho Cheg Homework: Chapter 6 Homework Score: 0 of 3 pts 8 of 8 (5 complete) HW Score: 57 32%, 11.46 of 20 pts pert A E6-40A (similar to) Question Help The annual data that follows pertain to See It, a manufacturer of swimming goggles (the company had no beginning inventory) Anon 38 and (Click the icon to view the data) Chan Requirements (High 1. Prepare both conventional (absorption costing) and contribution margin (variable costing) income statements for See it for the year. 2. Which statement shows the higher operating income? Why? (5.16 3. The company marketing vice president belleves a new sales promotion that costs $170,000 would increase sales to 230,000 goggles. Should the company go ahead with the promotion? Give your reason 6007 $0.24 Requirement 1. Prepare both conventional (absorption costing) and contribution margin (variable costing) income statements for See it for the year. Begin with the conventional (absorption costing) income statement Total See it High Income Statement (Absorption Costing) 5.160 For the Year Ended December 31 5.160 $1,20 Choose from any list or enter any number in the input fields and then click Check Answer Check Answer Clear All Oper 5 parts remaining hapter 6 Homework 8 of 8 (8 complete) to) ertain to See It, a manufacturer of swimming goggles (the company had no beginning inventory): data.) Data Table (absorption costil it for the ye le higher operating ice president belie Sales price 30,000 gogg $ 46 ? Give your reason Variable manufacturing expense per unit $ $ Sales commission expense per unit 12 th conventional (ab hents for See sting) income stater Fixed manufacturing overhead $ 2.760 000 See It Fixed operating expenses. $ 240,000 lent (Absorption co Number of goggles produced 230.000 ar Ended December Number of goggles sold 205.000 15 Id Print Done e. Move your cursor over or tap on the red arrows to see incorrect answers. Copyright 2020 Pearson Education Inc. All rights reserved. Terms of Use Privacy POL