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you are the accountant for Evergreen Corporation. The controller has asked you to prepare absorption and variable costing income statements for the past two years.

you are the accountant for Evergreen Corporation. The controller has asked you to prepare absorption and variable costing income statements for the past two years. You have gathered the following information. Budgeted Information for Both Years Budgeted production Budgeted fixed manufacturing Budgeted fixed operating expense Budgeted variable operating expense Budgeted variable manufacturing cost Budgeted selling price 75,000 units $420,000 $515,000 $10 per unit $25 per unit $75 per unit Budgeted and actual

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