Question
Zachary Manufacturing Company makes a product that sells for $75.90 per unit. Manufacturing costs for the product amount to $26.30 per unit variable, and $81,900
Zachary Manufacturing Company makes a product that sells for $75.90 per unit. Manufacturing costs for the product amount to $26.30 per unit variable, and $81,900 fixed. During the current accounting period, Zachary made 3,900 units of the product and sold 3,500 units. Selling and administrative expenses were zero.
Required
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Prepare an absorption costing income statement.
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Prepare a variable costing income statement.
Complete this question by entering your answers in the tabs below.
- Required A
Prepare an absorption costing income statement. (Do not round intermediate calculations.)
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- Required B
Prepare a variable costing income statement.
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