the second pic is Pertaining to the first pic. i want answer to 1A - 1H for the first pic
Requirement income wanting vang van conting Dean on mening Non Data table Inconstien Costi Cater Boso O 1 25 2000 154.000 Org Selling print 53.00 Die meer 10 De bruit $ 00 Tarannual manufacturer 10.000 For of annual manufacturing ved 200.000 Variable operating expenses per unit 200 r n thl .. 100 Umur 22.000 sold 3000 Now that the year in cong Hube Condition Marincome tale Costine For the Your Ended 200.000 Print Dene coord Voor Contestan man 377 om ho 0400 Opera Use the clamants you are lower the long question $ 32.00 S $ 19.00 $ 160,000 95,000 $ 1a. What is the product cost per unit using absorption costing? 1b. What is the product cost per unit using variable costing? 10. What is the ending inventory balance using absorption costing? 1d. What is the ending inventory balance using variable costing? 1e. What is cost of goods sold using absorption costing? 11. What is cost of goods sold using variable costing? 1g. What is operating income using absorption costing? What is operating income using variable costing? $ 576,000 $ 342,000 $ 239,000 1h. $ 174,000 Noble in one product Information about the production and sale of that product for the post your foow um (Click the konto view the data) The company had no beginning inventory Read the wicements CE x 1 1 Requirement 1. Prepare two income statements for the year, one using absorption costing and one using variable costing Begin by preparing the income statement for the year using absorption costing Noble Industries Income Statement (Absorption Costing) Data table For the Year Ended Sales revenue 5 689.000 Selling price per unit 53.00 Less Cost of goods sold 455.000 Direct material per unit $ 17.00 Gross profie $ 234 000 Direct labor per unit. $ 4.00 Loss Operating expenses 70.000 Total annual manufacturing overhead 5 308.000 Operating income 164.000 Fixed portion of annual manufacturing overhead 5288.000 Now prepare the income statement for the year using variable costing Variable operating expenses per unit sold. S 2.00 Noble Industries Fixed operating expenses per year in total. 5 44.000 Contribution Margin Income Statement (Variable Costing) Units manufactured 22.000 For the Year Ended Units sold 13.000 Sales revenue 5 689,000 Less: Variable expenses Variable cost of goods sold 285,000 Print Done Variable operating expenses 26,000 Contribution margin 377.000 Less Fixed expenses Fixed manufacturing overhead 285,000 Fixed operating expenses 44,000 47.000 Operating income Use the statements you prepared to answer the following questions: 1a What is the product cost per unit using absorption costing
