Variable Manufacturing Costs $10 per unit Fixed Manufacturing Overhead $8 per unit $6 per unit (00000 $4 per unit- Selling & Administrative Costs Per Year $2 per unit - $0 per unit Direct labor Direct materials Variable overhead Variable Sales Price Selling Price $100 Per Unit Units Produced vs Units Sold $0 per unit Direct labor Direct materials Variable overhead Variable Sales Price Selling Price $100 Per Unit Units Produced vs Units Sold Units Sold Units Produced 1,000 2,000 3,000 4,000 6,000 7,000 8,000 9,000 10,000 5,000 Units 3 G Saved Reg 1 Req 2 Req 3 and 4 Prepare an income statement for the year using variable costing. WALTMAN CO. Income Statement (Variable Costing) For Year Ended December 31 Net income (loss) I Req2 u-3 Saved Reg 1 Reg 2 Reg 3 and 4 Prepare an income statement for the year using absorption costing. WALTMAN CO. Income Statement (Absorption Costing) For Year Ended December 31 Net income (loss) Res 3 and 4 > Connect Songsu Co Saved 4. Assuming the manager's bonus is tied to minimizing ending inventory, which costing method would the current year? Complete this question by entering your answers in the tabs below. Reg 1 Req 2 Req 3 and 4 year? 3. Assuming the manager's bonus is based on net income, which costing method would the manager prefer in the 4. Assuming the manager's bonus is tied to minimizing ending inventory, which costing method would the manager the current year? Sho 3. Which costing method would the manager prefer in the current year? 4. Which costing method would the manager prefer in the current year? Variable Manufacturing Costs $10 per unit Fixed Manufacturing Overhead $8 per unit $6 per unit (00000 $4 per unit- Selling & Administrative Costs Per Year $2 per unit - $0 per unit Direct labor Direct materials Variable overhead Variable Sales Price Selling Price $100 Per Unit Units Produced vs Units Sold $0 per unit Direct labor Direct materials Variable overhead Variable Sales Price Selling Price $100 Per Unit Units Produced vs Units Sold Units Sold Units Produced 1,000 2,000 3,000 4,000 6,000 7,000 8,000 9,000 10,000 5,000 Units 3 G Saved Reg 1 Req 2 Req 3 and 4 Prepare an income statement for the year using variable costing. WALTMAN CO. Income Statement (Variable Costing) For Year Ended December 31 Net income (loss) I Req2 u-3 Saved Reg 1 Reg 2 Reg 3 and 4 Prepare an income statement for the year using absorption costing. WALTMAN CO. Income Statement (Absorption Costing) For Year Ended December 31 Net income (loss) Res 3 and 4 > Connect Songsu Co Saved 4. Assuming the manager's bonus is tied to minimizing ending inventory, which costing method would the current year? Complete this question by entering your answers in the tabs below. Reg 1 Req 2 Req 3 and 4 year? 3. Assuming the manager's bonus is based on net income, which costing method would the manager prefer in the 4. Assuming the manager's bonus is tied to minimizing ending inventory, which costing method would the manager the current year? Sho 3. Which costing method would the manager prefer in the current year? 4. Which costing method would the manager prefer in the current year?
