Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

show me on T account for 2014 , 2015 using Absorption method and Variable cost . show also Gross profit and Net income for both

image text in transcribed
show me on T account for 2014 , 2015 using Absorption method and Variable cost . show also Gross profit and Net income for both 2014,2015
B. Income Reporting Implications: 65 Different Cost >>>> Different. Income (31) Manufacturing Costs Administrative Direct materials cost $4 per unit Vartable..... $2 per une Direct labor cost. $8 per unit Foxed. $200,000 per year Variable overhead cost...V.FO $3 per unit Fixed overhead cost....FFO$600,000 per year - 60,00 units = $ 10 unit Selline hice $40 Den unit DM DL. Units Produced Units Sold Units in Ending Inventory 2013 2014 2015 60.000 OOOO 60.000 L60.000) Co 80,000 120.000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Tracking Your Trek Looking Backward To Determine Your Forward

Authors: Erica Pauly

1st Edition

979-8839157330

More Books

Students also viewed these Accounting questions

Question

What are the main goals of a presentation opening?

Answered: 1 week ago

Question

a. Describe the encounter. What made it intercultural?

Answered: 1 week ago