SCIE! VOI TU pts 14 of 17 (6 complete) HW Score: 16.87%, 28.68 of 170 pts E21-17 (similar to) Question Help VitaSport produced 10,000 cases of powdered drink mix and sold 8,000 cases in April 2018. The sales price was $27, variable costs were $11 per case ($8 manufacturing and $3 selling and administrative), and total fixed costs were $75,000 ($60,000 manufacturing overhead and $15,000 selling and administrative) The company had no beginning Finished Goods Inventory. The company had the following results using variable costing (Click the icon to view the data using variable costing) Read the requirements 10) 0 10 110) Requirement 1. Prepare the April income statement using absorption costing Vita Sport Income Statement (Absorption Costing) Month Ended April 30, 2018 Choose from any list or enter any number in the input fields and then click Check Answer 2. Check Answer parts remaining Clear All ,000 selling and administrative). The company had no beginning Finished Goods Inventory i Requirements 29 1. Prepare the April income statement using absorption costing. 2. Determine the product cost per unit and the total cost of the 2,000 cases in Finished Goods Inventory as of April 30. 3. Is the April 30 balance in Finished Goods Inventory higher or lower than variable costing? Explain why. Print Done y list or enter any number in the input fields and then click Check Answer. Clear All Check 3,000 cases of powdered drink mix and sold 8,000 cases in April 2018. The sales price w 3 manufacturing and $3 selling and administrative), and total fixed costs were $75,000 ($ selling and administrative). The company had no beginning Finished Goods Inventory. mi vi Reference - s ar Variable Costing Total product cost per unit Cost of Finished Goods Inventory as of April 30, 2018 16,000 Print Done or enter any number in the input fields and then click Check Answer. Clear All Check Ai E21-17 (similar to) Question Help VitaSport produced 10,000 cases of powdered drink mix and sold 8,000 cases in April 2018. The sales price was $27, variable costs were $11 per case ($8 manufacturing and $3 selling and administrative), and total fixed costs were $75,000 (560,000 manufacturing overhead and $15,000 selling and administrative). The company had no beginning Finished Goods Inventory. The company had the following results using variable costing (Click the icon to view the data using variable costing.) Read the requirements Operating Income Choose from any list or enter any number in the input fields and then click Check Answer 2 Check Answer Clear All parts remaining