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The 2018 data that follow pertain to Als Awesome Eyewear, a manufacturer of swimming goggles (As Awesome Eyewear had no beginning Finished Goods inventory in
The 2018 data that follow pertain to Als Awesome Eyewear, a manufacturer of swimming goggles (As Awesome Eyewear had no beginning Finished Goods inventory in January 2018) (Click the icon to view the data) Read twent Requirement 1. Prepare both conventional (absorption casting) and contribution margin (variable costing) income statements for A's AE for the year ended December 31, 2018 (found my to the nearest cant.) 4 Begin by preparing As Awesome Eyewear's conventional (absorption costing) income statement for the year ended December 31, 201 Al's Awesome Eyewear Income Statement (Absorption Costing Year Ended December 31, 2015 Operating Income Data table Requirements 1. Prepare both convention (absorgbon costing) and con Number of goggles produced 210 000 anded December 31, 2018 Number of goggles sold 170300 higher operating Sales price per un 13 X Als Awesome Eyemach pontos that costs 100 000 wkt inosse Variable manufacturing cost per Sales commission cost per unit Fixed manufacturing overhead Fland selling and administrative costs Print Done Compute the missing amounts. (Enter the contribution margin ratio to nearest perce Sale price per unit Variable costs per unit Total fixed costs Target profit Calculate: Contribution margin per unit Contribution margin ratio Required units to break even Required sales dollars to break even Required units to achieve target profit A $ 360 270 81,000 180,000 % ata table Sales price per unit Variable costs per unit Total fixed costs Target profit Calculate: Contribution margin per unit Contribution margin ratio $ Required units to break even Required sales dollars to break even Required units to achieve target profit A B C 360 $ 10 S 5,770 270 6 1,154 81,000 60,000 6,693,200 180,000 75,000 5,077,600 Print Done
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