ve income for January, F income for January Febru Data table - X s of comprehensive incom at of comprehensive incom Jang January February March Unit data: Beginning inventory 0 50 50 Production 1,000 950 1,050 Sales 950 950 1.025 Variable costs Manufacturing cost per unit produced $ 1,000 $ 1.000 $ 1,000 Operating (marketing) cost per unit sold 575 575 $ 575 Fixed costs: Manufacturing costs 5 400,000 $ 400,000 $ 400.000 Operating (marketing) costs 130,000 130.000 130,000 Note: The budgeted level of production used to calculate the budgeted foved manufacturing cost per unit is 1,000 Print Done Track ne manutes and also inch vision sets and unes standard couting to a rating to my Forway, and with molo lowed) Teing proper unit is $3.500 1. Present statements of comprehensive income for Jarwy. February, and March under alle conting and abortion conting 2. pin the diference in operating income for Sony, February, and March unter washing room vir Required Requirement Presentements of comprehensive income for any vary Marchettino Complete the top of the work of comprehensive income for the found the other January Fy Les ID IL Clear Me Check Calculator Fast Tracking manufactures and sells 60 inch television sets and uses standard costing. Actual data relating to January February, and Marth are as follows Click to view the data) The selling price per unit is $3.500. Required 1. Present statements of comprehensive income for January February, and March under (a) variable costing and (b) absorption costing 2. Explain the difference in operating income for January February and March under variable costing and absorption costing Requirement la present statements of comprehensive income for January February, and March under variable costing Complete the top half of the Matement of comprehensive income for each month first and the complete the bottom portion January February March Reverse 3.325.000 3:325.000 3.567 500 Table costs Beginning inventory Variable manufacturing costs Cost of goods available for sale Los Ending inventory Variable cost of goods sold Variable operating costs Total variable Contribution margin II FastTrack Inc. manufactures and sells 50-inch television sets and uses standard costing. Actual data relating to January, February, and March are as follows. (Click to view the data.) The selling price per unit is $3,500 Required 1. Present statements of comprehensive income for January, February, and March under (a) variable costing and (b) absorption costing 2. Explain the difference in operating income for January February, and March under variable costing and absorption costing aanuary, Fd ary, Febru Data table January February March Unit data: nsive incom msive incom Jany Beginning inventory 0 50 50 Production 1,000 950 1,050 Sales 950 950 1,025 Variable costs: Manufacturing cost per unit produced 1,000 $ 1,000 $ 1,000 Operating (marketing) cost per unit sold 575 575 $ 575 Fixed costs: Manufacturing costs 400,000 $ 400,000 $ 400,000 Operating (marketing) costs 130,000 130,000 130,000 Note: The budgeted level of production used to calculate the budgeted fixed manufacturing cost per unit is 1,000 0 Print Done Requirement 10. Present statements of comprehensive income for January, February, and March under variable costing. Complete the top half of the statement of comprehensive income for each month first, and then complete the bottom portion January February March Revenue 3,325,000 3,325,000 3,587,500 Variable costs Beginning inventory Variable manufacturing costs Cost of goods available for sale Less Ending Inventory Variable cost of goods sold Variable operating costs Total variable costs Contribution margin
