TIST TB Problem Qu. 7-273 Maher Corporation, which has only one product ... Maher Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price Units in beginning inventory Units produced Units sold Units in ending inventory 4,080 3,140 Variable costs per unit: Direct materials Direet labor Variable manufacturing overhead Variable selling and administrative expense Yixed costa: Fixed manufacturing overhead Fixed selling and administrative expense $155, 040 12,560 Required: a. What is the unit product cost for the month under variable costing? b. What is the unit product cost for the month under absorption costing? c. Prepare a contribution format income statement for the month using variable costing. d. Prepare an income statement for the month using absorption costing e Reconcile the variable costing and absorption costing net operating incomes for the month. Complete this question by entering your answers in the tabs below Requid NSA Required B Required c Required D Required E What is the unit product cost for the month under variable costing? Cost Per Unit $ 118 Variable costing Required B > mpters 470 TB Problem Qu. 7-273 Maher Corporation, which has only one product .... Maher Corporation, which has only one product, has provided the following data concerning its most! Selling price $ 191 4,080 Units in beginning inventory Unita produced Units sold Unita in ending inventory 3.140 Variable costs per unit: Direet materiale Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $155.040 $ 12.560 Required: a. What is the unit product cost for the month under variable costing? b. What is the unit product cost for the month under absorption costing? c. Prepare a contribution format income statement for the month using variable costing d. Prepare an income statement for the month using absorption costing e. Reconcile the variable costing and absorption costing net operating incomes for the month Complete this question by entering your answers in the tabs below. Required A Required B Required c Required D Required E What is the unit product bost for the month under absorption costing? Cost Per Unit Absorption costings 156 mers 4-7 TB Problem Qu. 7-273 Maher Corporation, which has only one product... Maher Corporation, which has only one product, has provided the following data concerning its most Selling price 191 Units in beginning inventory Units produced Units sold Units in ending inventory 4,080 3, 140 940 Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $155, 040 $ 12,560 Required: a. What is the unit product cost for the month under variable costing? b. What is the unit product cost for the month under absorption costing? c. Prepare a contribution format income statement for the month using variable costing. d. Prepare an income statement for the month using absorption costing. e. Reconcile the variable costing and absorption costing net operating incomes for the month. Complete this question by entering your answers in the tabs below. Required A Required B Required c Required D Required E Prepare a contribution format income statement for the month using variable costing. Variable Costing Income Statement Sales Variable expenses TB Problem Qu. 7-273 Maher Corporation, which has only one product... Maher Corporation, which has only one product, has provided the following data concerning its most re 191 Selling price Units in beginning inventory Units produced Units sold Units in ending inventory 4,080 3,140 940 Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $155, 040 $ 12.560 Required: a. What is the unit product cost for the month under variable costing? b. What is the unit product cost for the month under absorption costing? c. Prepare a contribution format income statement for the month using variable costing. d. Prepare an income statement for the month using absorption costing e. Reconcile the variable costing and absorption costing net operating incomes for the month. Complete this question by entering your answers in the tabs below. Required A . Required B Required c Reguir Requires Required E Prepare an income statement for the month using absorption costing. Absorption Costing Income Statement Gross margin Selling and administrative expenses: Net operating income 5 (Required Required E) Problem wu. -273 Maher Corporation, which has only one product her Corporation, which has only one product, has provided the following data concerning Selling price 191 Units in beginning inventory Units produced Units sold Units in ending inventory 4,080 3, 140 940 47 Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense 19 $155, 040 $ 12,560 Required: a. What is the unit product cost for the month under variable costing? b. What is the unit product cost for the month under absorption costing? c. Prepare a contribution format income statement for the month using variable costing. d. Prepare an income statement for the month using absorption costing e. Reconcile the variable costing and absorption costing net operating incomes for the month. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Requins he Reconcile the variable costing and absorption costing net operating incomes for the month Reconciliation of Variable Costing and Absorption Costing Net Operating incomes Variable costing net operating income (loss) Absorption costing net operating income (loss)
