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the numbers on the side are the answers Ss 5 6 7 8 5. Blatt Company, a manufacturer of slippers, began operations on June 1
the numbers on the side are the answers
Ss 5 6 7 8 5. Blatt Company, a manufacturer of slippers, began operations on June 1 of the current year. During this time, the company produced 210,000 units and sold 185,000 units at a sales price of $40 per unit. Cost information for this period is shown in the following table: Production costs Direct materials Direct labor Variable overhead Fixed overhead $5.00 per unit $4.75 per unit S302,000 in total $405,000 in total Non production costs Variable selling and administrative $9,000 in total Fixed selling and administrative $25,000 in total a. Compute production cost per unit under variable costing. b. Compute production cost per unit under absorption costing. 13./2 c. Determine the cost of ending inventory using variable costing. 2 74.75D d. Determine the cost of ending inventory using absorption costing. 3 2B0ob e. Prepare Blatt's December 31st income statement for the current year under absorption costing.1433 9 f. Prepare Blatt's December 31st income statement for the current year under variable costing. 4,910,9 50Step by Step Solution
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