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What would the contribution margin be under variable costing? What would the gross margin be under absoprtion costing? What would the contribution margin be under

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What would the contribution margin be under
variable costing?
What would the gross margin be under
absoprtion costing?
What would the contribution margin be under
variable costing?
What is the total period expenses under
absorption costing?
What is the total period expenses under direct
costing?
What is the operating income under
absorption costing?
Under direct costing, EBIT would be:
In this case what operating income would be
the highest. Enter either absorption
or variable
By what amount would direct and absorption
operating differ?
image text in transcribed
The Mini Company uses an actual costing system. Denominator volume for the years 2019 and 2020 was 200,000 units. The fixed overhead spending was esseilly unchanged from 2019. The following are actual data for the year 2020 weny 50,000 Vacos SI Milne arai 5600 Hadits Marc 54.000.000 Seling 51.500.000 Answer the follwoing questions based on this above data for the year ened 2020 What would the contribution margin be under variable costing? What would the gross margin be under absoprtion costing? What would the contribution margin be under variable costing? What is the total period expenses under absorption costing? What is the total period expenses under direct costing? What is the operating income under absorption costing? Under direct costing, EBIT would be: In this case what operating income would be the highest. Enter either absorption or variable By what amount would direct and absorption operating differ? The Mini Company uses an actual costing system. Denominator volume for the years 2019 and 2020 was 200,000 units. The fixed overhead spending was essetially unchanged from 2019. The following are actual data for the year 2020: Sales Opening inventory Ending inventory 235,000 units 50,000 units 20,000 units $60.00 Selling price Variable costs - Manufacturing Selling and administrative $15.00 $6.00 Fixed costs Manufacturing $4,000,000 Selling and administrative $1,500,000 Answer the follwoing questions based on this above data for the year ened 2020

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