2. Absorption costing income statement:
Sales (10,000 units × $150 per unit) ... $1,500,000
Less cost of goods sold:
Beginning inventory... $ 0
Add cost of goods manufactured
(12,000 units × $80 per unit) ... 960,000
Good available for sale... 960,000
Less ending inventory
(2,000 units × $80 per unit) ... 160,000 800,000
Gross margin... 700,000
Less selling and administrative expenses
[(12% × $1,500,000) + $470,000] ... 650,000
Net operating income ... $ 50,000
Problem 7-13 (continued)
Bạn đang xem 2. - SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH07 VARIBLE COSSTING TOOL FOR MANAGEMENT