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The following is data for 2018, 2019 and 2020 Zara Company who produces pants. Selling price per unit $ 170.000 Manufacturing costs: Variable per unit

The following is data for 2018, 2019 and 2020 Zara Company who produces pants.

Selling price per unit

$ 170.000

Manufacturing costs:

Variable per unit produced:

Direct materials

$ 20.000

Direct labor

$ 64.000

Variable overhead

$ 8.000

Fixed per year

$ 120.000.000

Selling and administrative costs:

Variable per unit sold

$ 4.000

Fixed per year

$ 40.000.000

2018

2019

2020

Units in beginning inventory

4000

3400

3600

Units sold during the year

4500

5000

4000

Units in ending inventory

3400

3600

4400

  1. Calculate the unit product cost using variable costing!
  2. Make an income statement for 2018, 2019 and 2020 using variable costing

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