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The following contains information about April's production for Cabinera, Incorporated. Units produced 10,000 Units sold 9,000 Sales price $ 450.00 Direct materials cost per unit
The following contains information about April's production for Cabinera, Incorporated.
Units produced | 10,000 |
---|---|
Units sold | 9,000 |
Sales price | $ 450.00 |
Direct materials cost per unit | $ 104.00 |
Direct labor cost per unit | $ 91.00 |
Variable overhead cost per unit | $ 64.00 |
Fixed overhead (total) | $ 652,000.00 |
Variable selling expense per unit sold | $ 22.00 |
Fixed administrative expense | $ 258,000.00 |
Required:
- Prepare a Traditional Income Statement (Absorption Costing).
- Prepare a Contribution Format Income Statement (Variable Costing).
- Please show how to solve in excel
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