Accnt Hw P6-15 - P6-15 1 a. Direct materials Variable...

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Unformatted text preview: P6-15 1 a. Direct materials Variable manufacturing overhead Fixed manufacturing overhead Absorption costing unit product cost 48 2 30 80 Direct materials Variable manufacturing overhead Variable costing unit product cost 48 2 50 b. 2 Sales Cost of goods sold Gross margin Selliing and administrative expenses Net operating income 1500000 800000 700000 650000 50000 3 Sales Variable expenses: Variable cost of goods sold Variable selling and administrative Contribution margin Fixed expenses: Fixed manufacturing overhead Fixed selling and administrative expenses Net operating loss 4 Absorption costing income 5 Unit produced is higher than unit sold. 1500000 500000 180000 360000 470000 680000 820000 830000 -10000 ...
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