- - x c CLICK HERE TO SAVE YOUR WORK April March B Medix, Ine manufactures a wide variety of doctor's cases. The operating results using variable production in units for the most recent three months are as follows 15,000 2.400 18,000 16,300 3.500 19.000 2000 Variable Cost Operating income (loss) Beginning inventory in units Production in units sales in units Ending Inventory in units $8.00 per unit $1.00 per unit $45,000 per month 8 9 10 I The following data is applicable to all months: Variable manufacturing costs Variable selling expenses Fixed manufacturing overhead June May 12 13 14 April March 15 Required: 16 17 1. Calculate the fixed overhead per unit for March, April, May and June. (1 mark) 18 New view DATA font size TheStop Wrap To el overline Font Name - & Cut 1 June B May Copy April March CLICK HERE TO SAVE YOUR WORK A 19 Fixed overhead per unit 20 21 22 23 2. Determine the absorption costing operating income for May using the income reconciliation approach. Show all supporting calco marks) 25 Variable Cost Operating income (loss) 26 27 28 29 30 31 32 33 End Absorption Costing Operating income (loss) Homa 19 Debu 34 New > 35 36 37 fo A 13 answer sheet - - x c CLICK HERE TO SAVE YOUR WORK April March B Medix, Ine manufactures a wide variety of doctor's cases. The operating results using variable production in units for the most recent three months are as follows 15,000 2.400 18,000 16,300 3.500 19.000 2000 Variable Cost Operating income (loss) Beginning inventory in units Production in units sales in units Ending Inventory in units $8.00 per unit $1.00 per unit $45,000 per month 8 9 10 I The following data is applicable to all months: Variable manufacturing costs Variable selling expenses Fixed manufacturing overhead June May 12 13 14 April March 15 Required: 16 17 1. Calculate the fixed overhead per unit for March, April, May and June. (1 mark) 18 New view DATA font size TheStop Wrap To el overline Font Name - & Cut 1 June B May Copy April March CLICK HERE TO SAVE YOUR WORK A 19 Fixed overhead per unit 20 21 22 23 2. Determine the absorption costing operating income for May using the income reconciliation approach. Show all supporting calco marks) 25 Variable Cost Operating income (loss) 26 27 28 29 30 31 32 33 End Absorption Costing Operating income (loss) Homa 19 Debu 34 New > 35 36 37 fo A 13 answer sheet
