Use the following information to prepare an income statement for Dogmaster Co. for 2001 and 20X2 under both Absorption and Variable Costing Dogmaster Manufacturing Costs DM per unit DL per unit VMOH per unit FMOH (annual) Nonmanufacturing Costs Fixed Selling Costs (annual) Production: Produced 20X1 (units) Sold 20X1 (units) Ending Inventory 20X1 (units) Produced 20X2 (units) $45 $100 $25 $500.000 Sold 20X2 (units) Ending Inventory 20X2 (units) Selling Price 20X1 and 20X2 (per unit) $25,000 100,000 100,000 0 100,000 80,000 20,000 $200

Use the following information to prepare an income statement for Dogmaster Co. for 2001 and 20X2 under both Absorption and Variable Costing Dogmaster Manufacturing Costs DM per unit DL per unit VMOH per unit FMOH (annual) Nonmanufacturing Costs Fixed Selling Costs (annual) Production: Produced 20X1 (units) Sold 20X1 (units) Ending Inventory 20X1 (units) Produced 20X2 (units) $45 $100 $25 $500.000 Sold 20X2 (units) Ending Inventory 20X2 (units) Selling Price 20X1 and 20X2 (per unit) $25,000 100,000 100,000 0 100,000 80,000 20,000 $200

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter7: Variable Costing For Management analysis

Section: Chapter Questions

Problem 3BE: Variable costingsales exceed production The beginning inventory is 52,800 units. All of the units...

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