Saved -erial Problem Business Sols P2, P3 Santana Rey expects sales of Business Solutions's line of computer workstation furniture to equal 300 workstations (at a sales price of $3,300 each) for 2019. The workstations' manufacturing costs include the following. Direct materials Direct labor Variable overhead Pixed overhead $ 780 per unit $ 340 per unit $ 70 per unit $24,000 per year The selling expenses related to these workstations follow Variable selling expenses Fixed selling expenses $ 50 per unit $3,900 per year Santana is considering how many workstations to produce in 2019. She is confident that she will be able to sell any workstations in her 2019 ending Inventory during 2020. However, Santana does not want to overproduce as she does not have sufficient storage space for many more workstations. Required: 1. Complete the following income statements using absorption costing 2. Complete the following income statements using variable costing. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the following income statements using absorption costing. Production value 300 170 Con goods sol Santana is considering how many workstations to produce in 2019. She is confident that she will be able to sell any workstations in her 2019 ending Inventory during 2020. However, Santana does not want to overproduce as she does not have sufficient storage space for many more workstations Required: 1. Complete the following income statements using absorption costing 2. Complete the following income statements using variable costing Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the following income statements using absorption costing Production valme 320 workstations workstations 300 Cost of goods sold Cost of goods sold per unit Number of workstations sold Total cost of goods sold BUSINESS SOLUTIONS Absorption Costing Income Statements Production volume 300 320 Sales volume-300 Workstations workstations workstations Under absorption costing, can the difference between production volume and sales volume affect the reported net income foss)? have sufficient storage space Required: 1. Complete the following income statements using absorption costing. 2. Complete the following income statements using variable costing. 02:11:30 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the following income statements using vatable costing BUSINESS SOLUTIONS Variable Costing Income Statements 300 Production va me (units) workstations Sales volume (units) 320 workstations Net income (10) Under variable costing, can a company increase sing nduction
